¹On approved credit, rates subject to change without notice. Annual Percentage Rate (APR) assumes blended monthly payments based on a $300,000 mortgage, 25-year amortization for the term and a $300 fee associated with determining the value of the property. If there are no fees, the APR and interest rate will be the same. Interest is compounded half-yearly for fixed rates, and monthly for variable rates, not in advance. If there are no fees, the APR and interest rate will be the same. Additional premiums may apply in cases of extended amortizations, non-owner occupied, or other instances where application details may warrant it. The interest rate with variable rate mortgages will fluctuate with Meridian Prime Rate, which is currently 4.45%. Where applicable, the Bank of Canada qualifying rate is 5.25%. Builder's pricing applies to posted rates, not to promotional or special rates. For commercial mortgage rates, please speak to your Commercial Relationship Manager.

²A High Ratio mortgage is applicable in cases where a borrower places a down payment of less than 20% when purchasing a residential property with a purchase price of under $1,500,000. The borrower must also be eligible for and purchase mortgage default insurance and meet all applicable conditions. Renewals are ineligible. For a purchase price of $500,000 or less, the minimum down payment is 5%. When the purchase price is above $500,000 and under $1,500,000, the minimum down payment is 5% for the first $500,000 and 10% for the remaining portion. Mortgage Rates are applicable to Retail Members Only.