HSBC Special Rate on May 31, 2017
Click the image above to see a screenshot of the ad.
Copied from the HSBC website on May 31, 2017 at 1339 hours:
Get one step closer to your home with an HSBC Mortgage.
For a limited time3 you could receive up to $1,500 cash back on an eligible new mortgage when you make mortgage payments from an HSBC deposit account.
1 When you obtain a personal mortgage loan with HSBC Bank Canada in the amount of CA$200,000 or more with a closed term of four years or longer and make mortgage payments from a chequing or savings account with HSBC3, you may receive a cash bonus of up to $1,500. The HSBC Mortgage Cash Back Offer runs from April 1, 2017 to September 30, 2017 inclusive.
The HSBC Mortgage Cash Back Offer is available to all HSBC customers except customers who:• have an existing Mortgage with HSBC or have had a Mortgage with HSBC within the past 6 months;• are not the age of majority in their province or territory of residence;
Approval of your Mortgage is subject to standard lending guidelines.
The Mortgage must be in the amount of $200,000 or more with a closed term of four years or longer.
The Mortgage must be applied for and approved during the Offer Period and fully funded by HSBC within the commitment period of the approved Mortgage offer.
HSBC will credit the Cash Back to the HSBC Chequing or Savings Account within 5 days of funding the Mortgage if all qualifications and other conditions are satisfied on the following basis:• $500 for Mortgages between $200,000 and up to $499,999• $1,500 for Mortgages greater than or equal to $500,000.
For full Terms and Conditions, please click here .
What you need to know before applying
- You are at least the age of majority, 18 or 19 years of age depending on your province of residence
- You are a Canadian resident
- You will be asked to provide personal details and gross annual income (pre-tax)
- You will be asked to consent to us obtaining your credit report
- If you are applying for a joint loan, the co-applicant must complete the application. If there is more than one co-applicant, please call us to proceed at 1-866-609-4722
- All mortgages are subject to standard credit approval.
Contact HSBC for this deal:
Fineprint from HSBC
Your use of this site, including this application, is subject to the Website Use Agreement which includes important terms about the security of the information you submit by this application. Your use of this site signifies your agreement to the HSBC Website Use Agreement. Your information is not stored on our systems if you do not submit this application. Whether or not you submit your application, your personal information can still be displayed by clicking the back button. For security, it is advised that you close your browser after using this site.
*The annual percentage rate (APR) is based on a $200,000 mortgage for the applicable term assuming a property valuation fee of $250. APR means the cost of borrowing for a loan expressed as an interest rate. It includes all interest and some non-interest charges associated with the mortgage. If there are no non–interest charges, the annual interest rate and APR will be the same. Mortgages funds must be advanced within 90 days from the date of application. Rates subject to change without notice. Subject to credit approval. For information and to confirm most recent rates, please contact any HSBC branch. Some restrictions apply. Visit any HSBC Bank Canada branch or go online at www.hsbc.ca to learn more. Revenue property rates available upon request.
2Mortgage pre-approval is available for a maximum mortgage amount of $1,000,000 CAD and applies to Traditional (Residential) or Equity Power Secured mortgages. Funds can be used for the purchase, or refinance from another financial institution. Owner occupied principal residence only. Single or multiple home owner applicants are allowed. Applies to single family dwelling and condominium/strata units only (excluding leaseholds and cooperatives). Application may be sole or joint applications (spousal or non-spousal) with a maximum of 2 applicants.
3Terms and conditions apply.