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Canadian passport. U.S. property.

It all comes together with a BMO cross-border mortgage.

Get in touch with your BMO Wealth Professional today for more information, or let us contact you.

We’re with you every step of the way to U.S. home ownership.

Looking to purchase a vacation home, primary residence or investment property in the U.S.? Getting a mortgage south of the border can be more complex than getting a mortgage in Canada, but you’re not alone. Our integrated team is specially-trained to help make the process as straightforward and stress-free as possible.

The benefits of applying for a U.S. mortgage with BMO

The benefits of applying for a U.S. mortgage with BMO
  • Use your Canadian credit history to apply for a U.S. mortgage.
  • Choose between a Fixed Rate or Adjustable Rate Mortgage (ARM).
  • Work with cross-border mortgage bankers specially trained to help Canadians get a U.S. mortgage.
  • Avoid paying Foreign National premiums.
  • Make additional lump sum payments or pay off your mortgage at any time without penalty.

How to apply for a U.S. mortgage

Here’s a quick look at how you can apply for a U.S. mortgage with BMO Harris as a BMO Private Banking or BMO Nesbitt Burns client:

  1. Talk to your Wealth Professional in Canada. They’ll help you put your application together and connect you with a specialist in helping Canadians obtain U.S. mortgages.
  2. Apply. When you’re ready to proceed, your BMO Harris Private Bank Mortgage Banker will start the mortgage loan application process.
  3. Review Loan Estimate and disclosures. Including loan terms, fees and other important information.
  4. Confirm your intent to proceed. At this point, you’ll need to pay a non-refundable application deposit so that third-party services such as an appraisal and title policy can be ordered.
  5. Receive credit decision. Once all documentation has been reviewed, you’ll receive the credit decision.
  6. Schedule a closing date and location to sign documents and have funds disbursed. Prior to closing, you’ll receive a document detailing all final terms, costs and figures for your approval. If you’re unable to be present at the closing in the U.S., you can appoint a Power of Attorney who can attend on your behalf.

Find out more about the documentation you may need to apply for a U.S. mortgage

Did you know…

Why choose BMO

Here are a few ways we can help you enjoy your cross-border lifestyle.

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Get an extra level of cross-border support

from your BMO Wealth Professional.

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Make free, unlimited withdrawals

with a Canadian BMO Private Banking or U.S. BMO Harris debit card from the largest ATM network in the U.S. with over 40,000 Allpoint® Network ATMs throughout the country.2, 3

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Meet all your day-to-day banking needs

wherever and whenever you want with online and mobile banking4, and over 570 BMO Harris branches and 1,400 BMO Harris ATMs in eight States including Florida and Arizona.

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Earn BMO Harris RewardsSM 5, 6

with a wide variety of BMO Harris Bank Mastercard® credit cards.

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Get a U.S. mortgage

with the help of a mortgage banker specially trained in cross-border mortgages.

FAQs about getting a mortgage in the U.S.

Want to find out more about cross-border banking?

Get in touch with your BMO Wealth Professional or let us contact you.