We Make Getting a U.S. Mortgage Easy
Buying your U.S. dream home1 doesn’t have to be complicated – that’s why we offer a streamlined process for Canadians to buy down South. Get pre-qualified today to get shopping with your Pre-Approval Certificate.
Your pre-approval is good for 120 days
Special Offer
Save up to $4,500 USD in closing costs
RBC Bank doesn’t charge bank – or lender – fees on U.S. mortgages, which could save you thousands in total closing costs.2 Goodbye fees, hello sunshine. Apply by April 30, 2026.
Easy U.S. mortgages? That’s our middle name.
Get approved to finance in all 50 states using only your Canadian history. How’s that for easy?
- Choose a 3-, 5-, 7- or 10-year term3 with free renewals – amortized over 30 years to keep your payments low
- Reduce the one-time, upfront impact of foreign exchange costs with a 20% down payment plus closing costs
- Enjoy the convenience of no payment restrictions – make penalty free, lump-sum payments anytime
So long mortgage fees,2 hello dream home
Save up to $4,500 USD in closing costs on your U.S. mortgage with RBC Bank. Apply by April 30, 2026.
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Trademark(s) of Royal Bank of Canada. Used under license. RBC Bank means RBC Bank (Georgia), N.A., a subsidiary of Royal Bank of Canada.
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RBC Bank (Georgia), N.A. 2024
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Mortgages are subject to approval, including verification of acceptable income, credit worthiness and property valuations. Minimum and maximum property values and maximum loan-to-value ratios apply. Homeowner’s insurance is required for all loans and lines of credit and flood insurance is required if the property is located in a Special Flood Hazard area. Escrows may be required on mortgages. There are closing costs associated with mortgage products.
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Third party fees and fees related to other RBC Bank products or services may still apply. The $4,500 USD savings is for illustrative purposes only and includes examples of fees that other financial institutions typically charge foreign homebuyers in the U.S., including:
- Typical origination fee of 0.50% to 1% of the loan amount
- Typical application fee of $950 USD
- Typical processing fee of $950 USD
- Typical commitment fee of $500 USD
- Typical underwriting fee of $500 USD
- Typical foreign national premium of 1% to 2% of the loan amount
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3-, 5-, 7-, or 10-year term refers to the period of time the interest rate is set at the beginning of the loan period which is 30 years (360 months); after the initial fixed rate term, the interest rate will adjust every six (6) months. Example: 3-Year Adjustable Rate Mortgage (ARM) calculation assumes a $250,000 loan amount, 5.625% interest rate, 6.506% APR, with 20% down payment, amortized over 360 months = $1,439.14 monthly payment. Example: 5-Year ARM calculation assumes a $250,000 loan amount, 5.750% interest rate, 6.399% APR, with 20% down payment, amortized over 360 months = $1,458.93 monthly payment. Example: 7-Year ARM calculation assumes a $250,000 loan amount, 5.875% interest rate, 6.345% APR, with 20% down payment, amortized over 360 months = $1,478.84 monthly payment. Example: 10-Year ARM calculation assumes a $250,000 loan amount, 6.000% interest rate, 6.220% APR, with 20% down payment, amortized over 360 months = $1,498.88 monthly payment. Rates and payments are subject to increase after initial fixed period of loan. If the down payment is less than 20%, mortgage insurance may be needed on the loan. This could increase the monthly payment and the interest rate. Rates subject to increase after consummation.
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Consult your financial, tax, legal and other professional advisors prior to applying for a U.S. mortgage.