Thinking Of Buying a Home in the U.S.?

What you’ll find in the guide

The benefits of financing your new U.S. property²
The differences between Canadian and U.S. mortgages²
What you need to know when buying a condo in the U.S.
Insurance requirements for your U.S. home
Property taxes in the U.S.^‡
An overview of U.S. tax and immigration rules^‡

Save up to $4,500 USDin closing costs³ on a U.S. mortgage

RBC Bank doesn’t charge bank – or lender – fees on U.S. mortgages, which could save you thousands in total closing costs. Goodbye fees, hello sunshine. Apply by April 30, 2025.

Learn More about Your U.S. Vacation Home Mortgage

^®

Registered trademarks of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.

Equal Housing Lender. Member FDIC.

RBC Bank is RBC Bank (Georgia), National Association (“RBC Bank”), a wholly owned U.S. banking subsidiary of Royal Bank of Canada. RBC Bank is a member of the U.S. Federal Deposit Insurance Corporation (“FDIC”). U.S. deposit accounts are insured by the FDIC up to the maximum amount permissible by law. U.S. deposit accounts are not insured by the Canada Deposit Insurance Corporation (“CDIC”). U.S. banking products and to the by the are offered and provided by RBC Bank. Canadian banking products and services are offered and provided by Royal Bank of Canada. All deposit accounts, loans and lines of credit are approved by RBC Bank. RBC Bank – 8081 Arco Corporate Dr, Suite 400. Raleigh, NC 27617. www.rbcbank.com

Mortgages are subject to approval, including verification of acceptable income, credit worthiness and property valuations. Minimum and maximum property values and maximum loan-to-value ratios apply. Homeowner’s insurance is required for all loans and lines of credit and flood insurance is required if the property is located in a Special Flood Hazard area. Escrows may be required on mortgages. There are closing costs associated with mortgage products.

Third party fees and fees related to other RBC Bank products or services may still apply. The $4,500 USD savings is for illustrative purposes only and includes examples of fees that other financial institutions typically charge foreign homebuyers in the U.S., including:

Typical origination fee of 0.50% to 1% of the loan amount
Typical application fee of $950 USD
Typical processing fee of $950 USD
Typical commitment fee of $500 USD
Typical underwriting fee of $500 USD
Typical foreign national premium of 1% to 2% of the loan amount

To qualify for this offer, a full and complete mortgage application must be submitted by April 30, 2025. Mortgages must fund within 120 days of the application date. Offer may be withdrawn or changed at any time without notice. Offer is only available to the following clients: new RBC Bank mortgage (first or second homes), investment properties, and refinance on a property that is owned free and clear. May not be combined with any other special offers.

^‡

Consult your financial, tax, legal, and other professional advisors prior to applying for a U.S. mortgage.

What you’ll find in the guide

Save up to $4,500 USDin closing costs3 on a U.S. mortgage

Save up to $4,500 USDin closing costs³ on a U.S. mortgage