Can your bank offer you these?
Mortgage for Presale Condos
As Canada’s largest bank based on market capitalization, RBC® is well equipped to offer the smartest builder mortgage solutions for Lakeside West – with the following features:
Firm approval for the entire construction period. Once approved, you stay approved. No re-qualification or re-appraisal required. 1
RBC: YES!
Receive up to $3,000 cash back on an eligible mortgage. 2
RBC: YES!
Guaranteed capped interest rate for up to 24 months on select projects. 3
Plus, you’re eligible for a lower interest rate (if available) 120 days prior to closing.
RBC: YES!
No application or appraisal fees. 4
RBC: YES!
Fast track your mortgage application under the blanket assessment property valuation process for eligible home models. 5
RBC: YES!
Option to extend the amortization period to up to 35 years (compared to a traditional mortgage with a 30-year amortization ). 6
RBC: YES!
Access professional advice from one of the world’s largest and most reputable banks.
RBC: YES!
Optional HomeProtector® critical illness and life insurance at no cost during construction. Subject to approval. Your RBC Mortgage Specialist can advise on which insurances are available.
RBC: YES!
6 months of free VIP banking, if eligible.
RBC: YES!
DARE TO COMPARE these features with other banks and then connect with your RBC Mortgage Specialist:
Cheryl Williams
RBC Mortgage Specialist
778-677-5079
cheryl.williams@rbc.com
1 Your mortgage approval may no longer be firm if a different home is purchased or you are adding or removing a co-borrower to/from your application.
2 Visit rbc.com/buildermortgage for full terms and conditions.
3 Fixed rate capped at 36 months.
4 Not available for construction draw mortgages.
5 For qualified builders only.
6 Available only for conventional uninsured mortgages. Must be purchased from an accredited RBC Builder which has provided evidence that the home is going to be certified. Some of the common certifications eligible under the Green Home Program are, but may not be limited to, ENERGY STAR for New Homes (Version 12.6), LEED. Canada for Homes (Gold or Platinum), R-2000, CHBA’s Net Zero and Net Zero Ready. Selecting a longer amortization could potentially result in higher total interest costs. Applies to selected properties only and subject to meeting credit criteria of Royal Bank of Canada.
Personal lending products and residential mortgages are offered by Royal Bank of Canada and are subject to its standard lending criteria.
® / ™ Trademark(s) of Royal Bank of Canada. © 2023 Royal Bank of Canada.
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