Product Description

XCEED RRSP Mortgage offers Canadians competitive rates on funds borrowed towards a contribution to an existing Registered Retirement Savings Plan (RRSP). The goal of this product is to motivate savings for long-term life goals, such as travel and retirement via a highly competitive product with minimum conditions and a cash-back towards the same RRSP. The product is offered for refinance only.

The minimum required contribution from funds borrowed is $1000. In addition to rate savings, XCEED will contribute $500 to same RRSP. This means a minimum contribution of $1500.

Customer Profile

XCEED RRSP Mortgage appeals to customers interested in building retirement savings through existing home equity.

  • Salaried customers

Product Pricing

XCEED Conventional Posted

Product Details

  • Refinance only
  • Three- and five-year mortgage terms
  • Maximum 75% LTV
  • 120-day rate hold
  • Salaried customers only
  • Owner-occupied properties only