Mortgage/HRLC Fee Waiver Offer

Switch your mortgage to a BMO Mortgage or Homeowner ReadiLine^® and save up to $1,200 on switch fees.

Offer available nationally from February 1 to February 29, 2024 for a transfer where:

• You are switching and/or refinancing a mortgage from another Financial Institution to a BMO mortgage or BMO Homeowner ReadiLine.
• You are refinancing a BMO Mortgage or a BMO Homeowner ReadiLine^®.
• The eligible transaction must have a minimum instalment balance of $100,000.

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 $1,200. The BMO Mortgage or Homeowner ReadiLine must be funded by July 15, 2024 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.

There are no extra costs associated with this offer. However, you may incur some costs charged by your previous lender when switching your mortgage to BMO.

This offer cannot be combined with any other mortgage offer or promotion unless specified. This offer may be changed, withdrawn or extended at any time without notice. All residential mortgages remain subject to Bank of Montreal’s standard lending criteria for residential properties.