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Rates & Compensation


Rates effective as of January 18, 2023 @ 12:01 am ET. | Teal Indicates Recent Change
*Please note: all rates below are "starting at"
Term/Credit 680+ 640+ 600+ 500 to 599 Compensation/Fee Promo Compensation*
1 Year Fixed 6.84% 7.04% 7.24% 7.44% 70 bps 90 bps
2 Year Fixed 6.69% 6.89% 7.09% 7.29% 80 bps 100 bps
3 Year Fixed 6.54% 6.74% 6.94% 7.14% 100 bps 120 bps
Rate Premiums Rental (major & medium markets): 50 bps
31-35 year Amortization: 15 bps (Owner Occupied & Fully Income Qualified)
Extended Ratios (TDS >50%): 50 bps (Fully Income Qualified - contact RVP for more info)

Other considerations:
Lending Areas
Major credit event (MCE)* discharged ≤12 months and/or payout of tax arrears
Extended Ratios


*MCE = Bankruptcy, Consumer Proposal, Credit Counseling
1% Lender Fee
Maximum GDS/TDS 50%
Extended GDS/TDS up to 65% and credit scores below 500 considered on a case-by-case basis, contact your RVP or use the Quick Quote for more details.
Rate Hold: 90 days
*Promo Compensation: Effective January 18, 2023 @ 12:01 am ET. New deals only. Primary Borrower credit score: 500-599. Standard TDS: max 50%. Owner Occupied (Subject Rental/Second Homes are excluded). Fully Income Qualified (BFS Assist is excluded). Interest rates, terms, products, and promotions are subject to change anytime and without notice.




Credit Matrix
  Extended Ratios Plus Extended Ratios Basic Standard Ratios
Max LTV 75% 65% 80%
Credit Score ≥ 640 Max TDS = 60% Max TDS = 65% Max TDS = 50%
Credit score ≥ 500* to 639 Not Eligible
Credit Score < 500 Not Eligible  Case-by-Case Case-by-Case
Property Location Major Major/Medium/Minor Major/Medium/Minor
Min Qualified Total Income $100,000
(BFS Assist - Not Applicable)
Not Applicable Not Applicable
Occupancy Owner Occupied Owner Occupied & Rental Owner Occupied & Rental
Additional Rate premiums and/or loan amount restrictions apply for Extended Ratios & credit score < 500.
Use Deal Quote for more info and/or approximate pricing
Credit scores below 500 limited to maximum LTV 65%

For more information contact your RVP or use our Quick Quote




Quick Quote


Submit your deal info up front and we'll send you a quote including rate and product within 24 hours!













Approved Appraiser List


Select a province to find an approved appraiser.


Download our Standard Appraisal Guidelines.


Lending Areas


Quick Tips


Census Metropolitan Area (CMA) as defined by Statistics Canada
Assess the home and surrounding neighborhood with Google Maps (Satellite and Street view)
Properties should be in excellent condition and in a marketable residential neighborhood with similar recent comparables


Can’t find a location? Please contact your RVP or submit a quick quote.








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