THINK Fees
Applicable Fees
Monthly Fees – $0
Annual Fee – $0
HELOC Setup Fee – $500
Payments
Returned Payment – $105
Hold/Delay Payment – $90
Mid-Term Charge – $0
Mortgage Discharges
East Coast – $380
Ontario – $380 + $83.11 government fee
Saskatchewan – $380
Manitoba – $130 + $128 government fee
Discharge of Mortgage (Form 7) in Alberta – $0
British Columbia – $75 + $35.84 government fee
Ports and Refinances
Mortgage Port – $495
Qualified Assumptions – $450
Non-Qualified Assumptions – $1,000
Covenant Change – $350
Bridge Loan – $250 + prime plus 4%
Assignments and Transfers
All Provinces – $380
Municipal Taxes
Initial setup to pay along with your THINK mortgage - $0
Payment changes after setup - $75
Legal Action
Legal Action Administration Fee – $500
Statements
Annual Statement Reprint – $25
Annual Statement For Previous Years – $75
Printed Information Statements – $25
Fire Insurance
Lapse of Fire Insurance – $475 every 3 months
Your insurance policy must include the first loss payee as being the following:
Computershare Trust Company of Canada
C/O True North Mortgage Inc.
P.O. Box 351 Station C
Kitchener, ON N2G 3Y9
It can be emailed to: thinkfinancial@lenderservices.ca.
Fee Transparency
No one likes hidden fees, including us. Made-up ones, like re-investment, wire, or admin fees, aren't found here. Questions about any of our fees? Contact us.