Service Fees


RMG Service Fees - Effective March 31, 2018
Service Fee
Returned Payment Fee$99.75
Holding a Payment / Delay of PAC$82.00
Mid Term Loan changes$82.00
Discharges – All Provinces (Excluding AB, BC and MB. Not applicable in QC.)1$380.00
Discharges – AB $0.00
Discharges – BC$75.00
Discharges – MB$124.00
Government Charge for Discharge2Varies by province
Second Request for Discharge Documents - ON$25.00
Second Request for Discharge Documents – All Provinces (excluding ON)$100.00
Assignment – All Provinces (excluding NL, NS, PE. Not applicable in QC.)3
Assignment - NL
$380.00
$50.00
Assignment – NS, PE
Government Charge for Transfer4
$25.00
Varies by province
Payment of Tax Arrears less than $1,000$75.00
Payment of Tax Arrears greater than or equal to $1,000Greater of $150.00 or 10%
Payment of Tax Arrears less than $50$0.00
Payment of Utility arrears /school taxes if separate from tax realty municipality
(greater than $50 and less than $500)
Payment of Utility arrears /school taxes if separate from tax realty municipality
($500 or greater)
Payment of Utility arrears /school taxes if separate from tax realty municipality
($50 or less)
$50.00

10% of paid arrears

$0.00
Tax Account breakdownFree Online, $25.00 per hardcopy
Tax Account Cancellation Fee$75.00
Tax Municipality Administration FeesCost will be as incurred and vary by municipality
Covenant Change$350.00
Qualified Assumptions$450.00
Non-Qualified Assumptions$1,000.00
Refinance / Porting$200.00
Partial Discharge$250.00
Courier Fees$15.00
Cheque Processing Fee$25.00
Appraisal Fees (varies by geography)$200.00 – $500.00
Refinance and Porting$200.00
Bridge Loan Processing Fee
Renewal
Early Renewal
$250.00
$0.00
$75.00
Legal Action: Default Administration$350.00
Legal Action: Bankruptcy Administration$250.00
Legal Action: Payment of Condo Arrears$150.00+
Annual Statement ReprintFree Online, $25.00 per hardcopy
Information Statement$20.00
Repayment HistoryFree Online, $25.00 per hardcopy
Amortization ScheduleFree Online, $25.00 per hardcopy
Records Research Fee$75.00
Eclipse Referral Fee$250.00
Lapse in Impairment Insurance$250.00 each 3 months

We will charge you other fees as applicable, which may include fees in connection with the administration of the Mortgage. These fees are a reasonable estimate of the costs and expenses we will incur for actions taken or for disbursements or charges incurred by us as a result of a request by you, a failure by you to perform your Obligations under the Mortgage, or as a result of a default by you. The payment of a fee shall not be deemed to be a consent, waiver or release from any terms of your Mortgage (including any breach thereof by you) and we reserve all of our rights to enforce the original terms of your Mortgage, including any and all of our rights on your default. All of our fees are subject to change from time to time. If you have any questions about the nature and amounts of these fees please contact our Customer Service Centre. Changes in fees will be communicated to you in accordance with regulatory requirements.

Note A: We reserve the right to change our fees at any time, without notice.
Note B: Provincial taxes, if applicable, are in addition to all of the above fees.

  1. Excluding Alberta and Quebec, where there is no fee; in Manitoba the fee is $124 and in British Columbia, the fee is $75.
  2. The government charge to register the discharge will be charged in addition to the Discharge Fee. The government charge to register the discharge varies by province:
Newfoundland, Nova Scotia $100.00
Prince Edward Island $77.25
New Brunswick $108.00
Alberta $15.00
British Columbia $35.21
Ontario $75.63
Manitoba $101.00
Yukon Territory $5.00
  1. Excluding Quebec, where there is no fee; the fee in Newfoundland is $50, and the fees in Nova Scotia and PEI are $25.
  2. The government charge to register the transfer varies by province:
Newfoundland, Nova Scotia $100.00
Prince Edward Island $77.25
New Brunswick $85.00
Alberta $20.00
British Columbia $82.31
Ontario $75.63
Quebec $173.00
Manitoba $101.00
Saskatchewan $54.00
Yukon Territory $6.00

Fees are subject to change.