Skip to content

Hot Deal

Offer Valid: 03/01/2020 - 05/31/2020
Lending Rates as low as 2.49% - We're here to help!

HELOC Introductory Rate Offer

New HELOC customers can take advantage of an amazing introductory annual percentage rate (APR) at a term of their choosing.

Effective for applications dated March 1, 2020 – May 31, 2020:

Customers will be able to choose a special introductory rate period of 6 months with APRs as low as 2.49% or an introductory rate period of 12 months with APRs as low as 3.24%. After the introductory period is over, a variable APR applies.

Refer to the table below for the variable introductory rate based on credit tier and variable rate (by state) customers will receive after the term has ended.

Customers can choose between two introductory terms. The rate varies based on CLTV.

CLTV 6 months 12 months
0.00% - 80.00% 2.49% 3.24%
80.01% - 89.99% 3.49% 4.24%
 

After the introductory period is over, a variable APR will apply with the 0.25% interest rate discount for Auto Pay. Additional relationship discounts are available. 

Mortgage Closing Cost Discount Offer
 

This year's campaign will offer a closing cost discount on both purchase and refinance applications. 
 

Effective for applications dated March 1, 2020 – May 31, 2020:

Customers can receive up to a $950 closing cost discount as detailed below.  

 

​​Spring Mortgage Promotion

Save up to $950 off closing costs with Auto Pay ​
Underwriting Closing Cost Discount ​​
$500 - Applies to loan amounts up to $499,999
- ​​​​​​Applies to purchase or refinance applications
- MBs MUST enter discount in NetOxyg​en at application
- All ​occupancy types
- ​​Discount is applied at closing
​$750 - Applies to loan amounts $500,000 and up
- ​​​​​​Applies to purchase or refinance applications
- MBs MUST enter discount in NetOxyg​en at application
- All ​occupancy types
- ​​Discount is applied at closing​
​PLUS* ​
Closing Cost Discount with Auto Pay from an eligible BMO Harris checking account​​
$100 BMO Harris Smart Money™ Account,
BMO Harris Smart Advantage™ Account, or
BMO Harris Select Checking® Account
$200 BMO Harris Premier™ Account or
BMO Harris Portfolio Checking® Account
* BMO Harris Relationship Checking Discounts – First Mortgage Program - standard discount with Auto Pay can be combined with our spring offers. 

Scroll To Top