5-year fixed advertised offers available in BC. Compare the lowest APR with the median of each lender’s lowest APR in our catalogue. These are different eligibility categories, before matching your income, property and mortgage amounts.
Current advertised mortgage rate categories, lender coverage and APR distribution
The median gives each lender one observation: its lowest advertised APR in that category. It is not a funded-loan average, a whole-market survey or a personalized quote. Products can differ in LTV, credit, amortization, fees and restrictions. Categories can overlap, especially on renewal. APR uses a lender-supplied figure when available; otherwise it assumes the advertised interest rate. Default-insurance premiums and switching costs still need comparing.
Insured purchase: 25 offers from 22 lenders. Lowest: Beem Credit Union. Beem public featured insured 5-year fixed closed mortgage rate.. Maximum amortization 25 years; LTV 80.01–95%. Source checked . Lender sourceAll offers and full conditions
Insurable purchase: 17 offers from 5 lenders. Lowest: Strive Capital. Strive posted standard fixed mortgage rate; Insurable Purchase, Transfer; Up to 65%.. Maximum amortization 25 years; LTV 0–65%. Source checked . Lender sourceAll offers and full conditions
Uninsured purchase: 35 offers from 26 lenders. Lowest: ATB Financial. Client Rates · Rate First closed fixed-rate mortgages · 5 years conventional. Owner-occupied purchase or renewal, up to 25-year amortization. Refinance, rental/secondary-home and longer amortization pricing require lender premiums and are excluded. Lender APR examples use a $250,000 mortgage and $250 processing fee.. Maximum amortization 25 years; LTV 0.01–80%. Source checked . Lender sourceAll offers and full conditions
Renewal / transfer: 72 offers from 26 lenders. Lowest: Beem Credit Union. Beem public featured insured 5-year fixed closed mortgage rate.. Maximum amortization 25 years; LTV 80.01–95%. Source checked . Lender sourceAll offers and full conditions
Refinance: 28 offers from 21 lenders. Lowest: Beem Credit Union. Beem public fixed closed mortgage rate; 5 year; Uninsured – 25 yr.. Maximum amortization 25 years; LTV 0.01–80%. Source checked . Lender sourceAll offers and full conditions
Snapshot assembled . Each offer keeps its own source-check date and expiry. Assembly does not renew lender evidence.
Have a broker promo code? How your rates stay current
Supported public lender sources are checked once daily at 6 a.m. Vancouver time. Each offer shows when its source was checked. Your matches refresh while this page is open.
Expired promotions and rates without recent verification are removed automatically. A lender’s rate hold is separate from a promotion deadline. Promotional badges identify special rates; broker cashback estimates appear separately.
Choose your property, down payment, province and amortization to see matching products, then compare up to three for payment, interest and balance. Confirm fees, prepayment privileges, penalties and any funding deadline with your broker.
A little guidance goes a long way.
We’ll help you weigh the rate, flexibility and costs. Brokerage services are available for BC properties.
A rental property mortgage is priced and qualified differently from an owner-occupied purchase. Expect at least 20% down for a conventional rental purchase, lender-specific treatment of rent and expenses, and pricing that may differ by property type, unit count, portfolio size, amortization, and documentation. Compare the rate only after the same rental assumptions are applied to every lender.
Compare mortgage pricing for a true rental scenario, not an owner-occupied headline rate.
Start with property use, down payment, amortization, rental income, expenses, and portfolio context before judging the lender offer.
Typical starting equity
At least 20% down for a conventional rental purchase
Qualification hinge
How the lender offsets or adds rental income and expenses
Compare together
Rate, cash flow, amortization, fees, and portfolio flexibility
Rental qualification is a lender-policy comparison
Lenders can use different rental worksheets, vacancy assumptions, expense allowances, lease evidence, and add-back or offset methods. The same property and borrower can therefore produce different qualifying results before the rate is considered.
Model the subject property's real rent, taxes, heat, strata fees, financing, and operating costs. For an existing portfolio, include every mortgage and the documents needed to support each lease and expense.
Price the mortgage against the investment plan
A low rate can be a poor fit if the lender restricts future equity access, charges an expensive break penalty, or makes the next acquisition harder. Term length, charge structure, prepayment rights, and portfolio policy belong in the same decision.
Stress-test the property with higher rates, realistic vacancy, repairs, and conservative rent growth. The mortgage should support the investment thesis without requiring perfect conditions.
Before you accept an offer
Rental occupancy preselected in the live public Rate shopper.
Direct connections to rental qualification, cash-flow, DSCR, and investment-property guidance.
Scenario context that keeps owner-occupied and rental pricing from being confused.
Clear answers
Before you decide
Are rental property mortgage rates higher?+
They can be. Pricing depends on loan-to-value, property type, amortization, borrower strength, lender policy, and whether the mortgage fits an insurable or uninsured pricing bucket.
How much down payment is required for a rental property?+
A conventional one-to-four-unit rental purchase generally starts at 20% down, but lender and property rules can require more. Owner-occupied multi-unit properties follow different rules.
How do lenders use rental income?+
Methods vary. A lender may use a portion of gross rent, subtract operating expenses, or offset housing costs. The lease, appraisal market rent, tax returns, and portfolio details may all affect the calculation.
