Alternative Variable-Rate Mortgage
Published ratePrime + 2.00% (6.45%)
National Bank Optimum Mortgage · 5-year term
- Mortgage type
- Alternative
- Term
- 5-year term
- Mortgage position
- Not stated by lender
- Region in source
- Ontario
- Published conditions
- Owner-occupied, second-home, recreational, rental and eligible acreage properties · minimum FICO 600
- Maximum loan-to-value
- 80% — the mortgage as a share of property value
- Fees
- $3,500 application fee · $350 title insurance · $500 appraisal fee may apply · $25 monthly administration fee · 6.81% APR
- Pricing effective
- Aug 31, 2026
- Last verified
- Oct 26, 2026