WESTMONT LENDING
Home/Rates

Today's indicative rates.

Posted as a starting point. The rate you actually qualify for depends on your file — request a quote and we will return a written quote against your numbers.

Fixed terms · insured / high-ratio

Fixed rates

TermInsuredConventionalType
1 Year6.39%6.69%Fixed
2 Year5.69%5.94%Fixed
3 Year4.84%5.09%Fixed
4 Year4.69%4.94%Fixed
5 Year4.54%4.79%Fixed
7 Year5.29%5.49%Fixed
10 Year5.69%5.89%Fixed

Insured = down payment under 20%. Conventional = 20%+ equity. Rates shown are indicative and subject to lender approval, credit, and final terms.

Variable & HELOC

Variable rates

ProductRateNotes
5-Year Variable (Insured)Prime − 1.05%Adjustable payment
5-Year Variable (Conventional)Prime − 0.85%Adjustable payment
HELOC (Secured Line of Credit)Prime + 0.50%Revolving, interest-only minimum
Open 1-Year7.25%No prepayment penalty

Bank of Canada prime is used as the reference. Discount to prime depends on credit profile, loan size, and amortization.

Want a quote against your file?

Posted rates are a starting line, not a finish line. Send us your numbers and we'll come back with what you'll actually qualify for.

Request a Quote