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RMG Mortgages, a division of MCAP Financial Corp, is a prominent Canadian lender offering a variety of fixed and variable rate mortgage products. RMG operates through a network of mortgage brokers, providing competitive alternatives to major banks for homebuyers, investors, and those seeking refinancing solutions. Their products cater to a wide range of needs, including first-time buyers, investors, and those looking to access home equity or consolidate debt.
This prime rate forms the basis for RMG’s variable and adjustable rate mortgage products.
“RMG Mortgages offers competitive rates tailored to your financial profile. Rates can be accessed through partner brokers, online calculators, and periodic promotional offers.”
| Product Type | Rate Basis | Typical Term Length | Prepayment Options | Payment Frequency Options |
|---|---|---|---|---|
| Fixed | Locked for full term | 1–5 years | Up to 20% lump-sum/year, +20%/payment | Monthly, bi-weekly, semi-monthly, weekly |
| Adjustable | RMG Prime ± discount/spread | 1–5 years | Up to 20% lump-sum/year, +20%/payment | Monthly, bi-weekly, semi-monthly, weekly |
Note: Specific rates may vary according to your profile, mortgage amount, and down payment. Contact a broker or use a rate comparison tool for the latest personalized offers.
RMG Mortgages, via its broker network, is available in most provinces, including Ontario, British Columbia, Alberta, Saskatchewan, PEI, New Brunswick, and Newfoundland and Labrador. Always confirm product availability and local licensing with your broker, as regulations and qualifying criteria may vary by province.
RMG Mortgages offers highly competitive fixed and adjustable mortgage rates across Canada, accessible through a national broker network. With strong prepayment features, a range of term options, and support for insured mortgages, RMG is a solid choice for first-time homebuyers and seasoned homeowners alike. For the best rate and fit, compare offers using theratefinder and work closely with a qualified broker to maximize your mortgage benefits.