This promotional offer is valid for files with a mortgage approved
before October 31, 2023. The offer applies to mortgage loans
transferred from another financial institution to National Bank. It
applies to residential mortgage loans for owner-occupied properties
with 1 to 4 units.
The mortgage loan must have a principal amount of $100,000 or more
and have a closed fixed rate with a 3-year term or a variable rate
with a 5-year term at National Bank. You must have a personal chequing
account with National Bank, from which pre-authorized mortgage
payments will be debited.
- When appraisal fees are required: $1,200
appraisal fees are not required: $850
Mortgage loans are subject to credit approval by National Bank. You
must maintain your mortgage loan for the duration of the term;
otherwise, you will be required to reimburse a portion of the cashback
received, in proportion to the term remaining. The offer may be
modified, extended, or withdrawn without prior notice at any time. The
offer may not be combined or used with any other National Bank offer,
promotion, or benefit, other than the ones mentioned in this leaflet,
and cannot be applied retroactively. The offer does not include
prepayment charges (breakage fees) that you may be required to pay.