Mortgage / HRLC Fee Waiver offer

Switch your mortgage to a BMO Mortgage or Homeowner ReadiLine^® and save up to $900 on switch fees

Offer available nationally from January 1 to February 23, 2022 for a transfer where:

• You are switching a mortgage from another Financial Institution (OFI) to a BMO mortgage or BMO Homeowner ReadiLine
• The eligible transaction must have a minimum instalment balance of $100,000 with term of 4 years or longer.

The setup or switch fees depending on the transaction cover legal or program fees charged by the service provider and discharge fees (noted on the discharge payout statement) up to $900. The BMO Mortgage or Homeowner ReadiLine must be funded by July 15, 2022 to qualify.

Offer excludes mortgage prepayment charges that might have to be paid to other financial institution when you break/close the mortgage before the end of the term.