Cash remittance to cover your start-up costs

Transfer taxes, property taxes or moving expenses: when a buying a home, you may incur start-up costs equal to 3% to 5% of the value of your home. With our cash remittance for start-up costs, you can get up to $10,000 or the equivalent of 5.5% of your mortgage amount1 to cover a portion of them.

How the cash remittance works

When you are approved for a mortgage to buy a home2, the interest rate will be slightly increased3 to reflect the cash remittance need.


  • Gives you financial flexibility to cover your estimated start-up costs
  • More economical than a personal loan, line of credit or credit card

Get preauthorized

What is the preauthorization certificate for?

  • Displays the maximum price of the house you can afford to buy
  • Shows you are a serious buyer and your purchasing capacity
  • Simplifies communication with the seller or real estate broker

3-step preauthorization

  1. Determine your financing needs with one of our advisors.
  2. Get a prompt answer.
  3. Get the loan terms and a preauthorization certificate upon approval.

View a preauthorization certificate sample (PDF, 166 KB).

Make an appointment

Montreal area:

Elsewhere in Canada and the U.S.:

Contact an advisor

Documents you need for your meeting

Call us

Montreal area:

Elsewhere in Canada and the U.S.:

Through a mortgage representative

Ready to buy? An advisor can come meet with you any day of the week.

Find a mortgage representative

  1. The lower of the 2 amounts.
  2. For owner-occupants of residential buildings of 4 units or less.
  3. Payments must be within the maximum allowed Gross Debt Service and Total Debt Service ratios.