BMO Variable Mortgage - Consumer Reviews at InsurEye

Unlike major banks, MCAP is not passing down Bank of Canada latest 0.5 cut to their customers. Their prime is 0.5 higher than major banks. Shameful. I Will not be renewing with MCAP. And don’t even get me started with their nonresponsive customer service. You will waste hours trying to call them - line is always busy. But that has been happening for over 4 years.

Review topics

Mortgage rate

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by Frederick L. on Feb 11, 2017

1 out of 5 stars

I would switch now if there was not a penalty to switch elsewhere. Not happy with them at all. I am not happy...

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BMO Variable Mortgage Consumer Reviews

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Their prime is 0.5 higher

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