Mortgage Reviews

RBC Variable Mortgage Consumer Reviews

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(11 reviews)
RBC Variable Mortgage
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Good service until closing

by Lisa on May 8, 2019
1 out of 5 stars

Ability to add extra payments throughout the year. Unfortunately, if closing on the house before the exact date of maturity they charge 3 percent of the complete mortgage. This is even if you have only 3 months of payments left or even twelve days. In our case 6200$ plus early discharge fee 380 etc. This company would not work with us. We were willing to pay out the rest of the mortgage payments and interest. Interest to maturity was 1500$.

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Knowledgeable staff

by Bossa Nova on Feb 26, 2017
4 out of 5 stars

I have to say that this is one of the banks that caters to different nationalities within each segment of Greater Toronto Area. Each branch hires Financial Planners/Mortgage Advisors/Tellers that speak the common languages spoken within the community to cater to their clients needs. The staff are very knowledgeable and capable of providing products that are useful for your Financial/Investment/Mortgage needs. I strongly encourage the use of this bank!

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Great experience with RBC

by Alex Salty on Feb 14, 2017
5 out of 5 stars

I had my first mortgage with RBC and thus decided to get the second one through them as well. It is easier to have both with the same provider. Setting up a mortgage with them was very easy, the agent worked with me to build up the mortgage case and explained my situation so I could get a great variable rate (2.59%). Very happy so far - dealing with RBC was really easy.

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by Amos B. on Feb 11, 2017
4.5 out of 5 stars

Excellent customer service as it was in another province we were dealing with. Prompt to send all the information to us

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by Levi R. on Feb 11, 2017
3.5 out of 5 stars

RBC is always professional helpful and quick to reply to our questions. I have had no issues since I began banking with them which is not the case with any other bank I've dealt with.

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by Gabriel D. on Feb 11, 2017
4 out of 5 stars

everything was easy and straightforward getting and managing our mortgage over the years with rbc. We were so happy we switched all our business to rbc and now only deal with them

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by Carol C. on Feb 11, 2017
4 out of 5 stars

So far so good nothing to note about. This is our second mortgage with RBC they helped a lot with the process from selling the old house/getting the new one.

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by Rolando B. on Feb 11, 2017
5 out of 5 stars

Great that they allow an anniversary mortgage payment so you can reduce your principal; we will soon be finished with our mortgage.

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by Marlene H. on Feb 11, 2017
4.5 out of 5 stars

long-term relationship with RBC and a number of holdings are with RBC; mortgage rate was competitive and approval was very quick

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  • 30+ lenders compared

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by Nicholas N. on Feb 11, 2017
4 out of 5 stars

great customer service but had to ask for certain information that I thought should have automatically been provided. all worked out though

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