1Best mortgage on the market is based on a direct comparison of Meridian's feature closed 5-Year Fixed Rate against the big banks' posted special rates online on their respective websites including their and respective pre-payment privileges as of September 18, 2017. Big banks are defined as: Toronto Dominion Bank, Royal Bank of Canada, Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce.
*O.A.C Rates are subject to change without notice. Quoted rates are based on blended payments of principal and interest and is the regulatory Annual Percentage Rate if there is no cost of borrowing other than interest. Interest is calculated half-yearly, not in advance. For commercial mortgage rates, please speak to your Commercial Relationship Manager. Builder's pricing applies to posted rates, not to promotional or special rates.