Lock Your Rate On an RBC Royal Bank^® Fixed Rate Mortgage For 120 Days, Guaranteed.¹

Applicable to residential mortgages only and subject to Royal Bank of Canada standard lending criteria for residential properties.

1)

The True House Affordability Tool gives you an estimate of the amount of mortgage you may qualify for with us based on the accuracy and completeness of the information provided by you, is for illustrative and general information purposes only and is not intended to provide specific financial or other advice. You should not waive any financing condition based on the results of the True House Affordability Tool. This is not a mortgage approval or pre-approval. You must submit a separate application for a mortgage approval or a mortgage pre-approval and a full credit report. This is a mortgage prequalification and is intended for single owner occupied residential mortgages only. Individuals who are self-employed or who are interested in a non-residential mortgage should speak to an RBC mortgage specialist. You should speak with your professional accountant or other professional advisors before making a final decision to ensure any strategy meets your overall financial needs and that your personal circumstances have been taken into account. Royal Bank of Canada does not make any express or implied warranties or representations with respect to any information or results in connection with the tool. Royal Bank of Canada will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on any information or results.

2)

We guarantee your interest rate for the selected mortgage type and term for up to 120 days from the application date. If the mortgage is not funded within the 120-day period, the interest rate guarantee expires.