u/mapleca10

My mortgage was transferred from TD to RBC successfully today. August was the last payment date at TD and the balance should have been transferred to/ funded by RBC.

eg: balance after August payment in TD is $220K so the balance in RBC should be #220K - what I see in RBC is $222K?

The mortgage transferred was offered with no additional fees, just a direct transfer.

This is the first time I am transferring out off TD since inception so I am not aware about it.

Is this normal? Are there charges that are typically included even though no fees were promised? Do they typically credit the excess back to the account?

I have contacted the mortgage person who helped me but they are very slow to response and I want gather information so that I don't get taken for a ride.

I am currently with TD and have been offered 4.04% for 3 years and 4.14% for 5 years for an early renewal (it's 2 months before due date). I have completed an application with RBC but the mortgage advisor keeps on saying that she will have the rates tomorrow for over 10 days now. Balance mortgage amount is around 212K.

I am inclined to go with TD for the 3 year rate. What is the current rate for a 3 year fixed uninsured with RBC?

Is it worth the wait for RBC? I need to agree with 24 hours with TD.