{
  "article": {
    "slug": "td-mortgage-renewal",
    "url": "/lenders/td-mortgage-renewal",
    "title": "TD mortgage renewal in 2026: the collateral charge changes the exit math",
    "datePublished": "2026-07-15",
    "dateModified": "2026-07-15"
  },
  "ledger_meta": {
    "ledger_dateModified": "2026-07-10",
    "ledger_publisher": "RenewalRate.ca",
    "spec_version": "1.0",
    "claim_count": 23,
    "removed_claims": []
  },
  "claims": [
    {
      "id": "claim-001",
      "spec_version": "1.0",
      "text": "TD sends a renewal offer letter covering available terms and rates 30 days before the mortgage matures if the borrower has not yet renewed.",
      "article_anchor": "TD sends a renewal offer letter 30 days before the mortgage matures if you have not renewed by then. The federal floor is a renewal statement at least 21 days before the end of the existing term.",
      "type": "lender-operational",
      "confidence": "B",
      "primary_source": {
        "name": "TD Canada Trust",
        "publisher": "TD Bank Group",
        "url": "https://www.td.com/ca/en/personal-banking/products/mortgages/renew-refinance/mortgage-renewal-tips",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "30 days before your mortgage matures, if you haven't renewed your mortgage yet, we'll send an offer letter that goes over the terms and rates available to you",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "Re-verified mechanically: PASS on both regex tag-strip and html.parser visible-text extraction. Quote is from the on-page video transcript section; adversarial fetch confirmed surrounding transcript text ('we'll be in touch with you to let you know it's time. there's no need to reapply'). Every number and condition in fact_text is inside the quote.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "LOW"
    },
    {
      "id": "claim-002",
      "spec_version": "1.0",
      "text": "TD lets borrowers renew without a prepayment charge starting 120 days (4 months) before maturity.",
      "article_anchor": "TD's charge-free early renewal window starts 120 days (4 months) before maturity.",
      "type": "lender-operational",
      "confidence": "B",
      "primary_source": {
        "name": "TD Canada Trust",
        "publisher": "TD Bank Group",
        "url": "https://www.td.com/ca/en/personal-banking/products/mortgages/renew-refinance/mortgage-renewal-tips",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "you can renew your TD mortgage without a prepayment charge starting 120 days (4 months) before maturity",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "Re-verified mechanically: PASS on both extraction methods. Adversarial fetch also confirmed the 120-day window restated elsewhere on the page ('you can renew your mortgage 120 days before the maturity date without paying a pre-payment charge'). Quote fully covers the fact.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "LOW"
    },
    {
      "id": "claim-003",
      "spec_version": "1.0",
      "text": "On a closed TD mortgage, borrowers can make a lump sum prepayment of up to 15% of the original principal amount once per year with no prepayment charge.",
      "article_anchor": "Up to 15% of the original principal amount, once per year",
      "type": "lender-operational",
      "confidence": "B",
      "primary_source": {
        "name": "TD Canada Trust",
        "publisher": "TD Bank Group",
        "url": "https://www.td.com/ca/en/personal-banking/products/mortgages/flexible-mortgage-payment-features",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "Make a lump sum payment of up to 15% of the original principal amount borrowed once per year, free of any prepayment charges",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "Re-verified mechanically: PASS on both extraction methods. The 'closed' qualifier in fact_text is NOT inside the quote; it comes from the immediately preceding on-page sentence, which I mechanically verified as contiguous with the quote: 'use it to prepay a bit of your closed td mortgage and shrink the amount you owe, faster. make a lump sum payment of up to 15%...'. The page also states 'you can prepay as much as you like to reduce your principal if you have an open td mortgage', confirming the 15% cap applies only to closed mortgages, so the closed scoping is required for accuracy.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "LOW"
    },
    {
      "id": "claim-004",
      "spec_version": "1.0",
      "text": "TD allows borrowers to increase their original scheduled principal and interest payments by up to 100% during the mortgage term.",
      "article_anchor": "Up to 100% over the original scheduled payments, during the term",
      "type": "lender-operational",
      "confidence": "B",
      "primary_source": {
        "name": "TD Canada Trust",
        "publisher": "TD Bank Group",
        "url": "https://www.td.com/ca/en/personal-banking/products/mortgages/flexible-mortgage-payment-features",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "you can increase your original scheduled principal and interest payments by up to 100% during your mortgage term",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "Re-verified mechanically: PASS on both extraction methods. Adversarial fetch confirmed the full on-page sentence begins 'with td, you can increase...' and continues 'that's double your normal payment amount. for example, if you typically pay $1,000 a month, you can increase your payment up to $2,000 a month during your mortgage term.'",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "LOW"
    },
    {
      "id": "claim-005",
      "spec_version": "1.0",
      "text": "On a closed fixed-rate TD mortgage, the prepayment charge is the greater of three months' worth of interest or the interest rate differential (IRD) amount.",
      "article_anchor": "On a closed fixed-rate mortgage the penalty is the greater of three months' worth of interest or the IRD amount. TD's IRD uses the posted interest rate for a similar mortgage, minus any rate discount you received.",
      "type": "lender-operational",
      "confidence": "B",
      "primary_source": {
        "name": "TD Canada Trust",
        "publisher": "TD Bank Group",
        "url": "https://www.td.com/ca/en/personal-banking/products/mortgages/what-happens-break-mortgage-penalty",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "your prepayment charge will be the greater of: three months' worth of interest or the interest rate differential (IRD) amount",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "Re-verified mechanically: PASS on both extraction methods (curly apostrophe in months' normalizes to straight). The 'closed fixed-rate' qualifier in fact_text is NOT inside the quote; it is the on-page lead-in immediately preceding it, which I mechanically verified as contiguous: 'if you have a fixed interest rate and a closed mortgage: this one is a bit more complicated. your prepayment charge will be the greater of...'. Same page, verified in context: variable-rate closed mortgages 'will typically be required to pay three months of interest' and open mortgages have no prepayment charge.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "LOW"
    },
    {
      "id": "claim-006",
      "spec_version": "1.0",
      "text": "TD's IRD amount is calculated using the POSTED interest rate for a similar mortgage minus any rate discount the borrower received (posted-rate method, not contract rate).",
      "article_anchor": "On a closed fixed-rate mortgage the penalty is the greater of three months' worth of interest or the IRD amount. TD's IRD uses the posted interest rate for a similar mortgage, minus any rate discount you received.",
      "type": "lender-operational",
      "confidence": "B",
      "primary_source": {
        "name": "TD Canada Trust",
        "publisher": "TD Bank Group",
        "url": "https://ix0.apps.td.com/mortgage-prepayment-calculator/",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "The IRD amount is calculated based on the difference between the principal amount you owe at the time of the prepayment and the principal you would owe using the posted interest rate for a similar mortgage, minus any rate discount you received",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "Re-verified mechanically: PASS on both extraction methods on TD's own calculator app page. 'Posted interest rate for a similar mortgage, minus any rate discount you received' is verbatim in the quote; the parenthetical 'not contract rate' is a direct logical consequence of the quoted method, not paraphrase drift. No numbers, dates or product names in fact_text are outside the quote.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "LOW"
    },
    {
      "id": "claim-007",
      "spec_version": "1.0",
      "text": "TD registers a collateral charge as the security for its mortgage loans; the collateral charge is registered against the real estate being bought or refinanced, separate from the mortgage loan agreement (MLA).",
      "article_anchor": "Collateral charge, registered against the real estate",
      "type": "lender-operational",
      "confidence": "B",
      "primary_source": {
        "name": "TD Canada Trust",
        "publisher": "TD Bank Group",
        "url": "https://www.td.com/content/dam/tdct/document/pdf/mla-signing-guide-en.pdf",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "The Collateral Charge is the security that the Bank has in exchange for lending you the money set out in the MLA. It is registered against the real estate you are either buying or refinancing",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "Re-verified mechanically: PASS as contiguous substring of normalized pdftotext output of the live-fetched PDF (valid PDF 1.6, 93KB). The quote itself distinguishes the Collateral Charge from the MLA (charge = security for the money 'set out in the MLA'), supporting the 'separate from the MLA' clause. Adversarial fetch also confirmed in the PDF: the charge 'will be signed either with your solicitor or, if you have chosen to use our in-house registration program, at your td canada trust branch.' Downstream verification must use pdftotext, not HTML stripping.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "LOW"
    },
    {
      "id": "claim-008",
      "spec_version": "1.0",
      "text": "TD's collateral charge secures the loan and is registered at TD Prime Rate + 10%, the maximum rate of interest for which TD Canada Trust is secured.",
      "article_anchor": "The loan sits behind a collateral charge registered at TD Prime Rate + 10%, the maximum rate for which the bank is secured. That registration shapes what switching lenders involves.",
      "type": "lender-operational",
      "confidence": "B",
      "primary_source": {
        "name": "TD Canada Trust",
        "publisher": "TD Bank Group",
        "url": "https://www.td.com/content/dam/tdct/document/pdf/mla-signing-guide-en.pdf",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "The Collateral Charge secures your loan and is registered at TD Prime Rate + 10%. This is the maximum rate of interest for which TD Canada Trust is secured",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "Re-verified mechanically: PASS as contiguous substring of normalized pdftotext output. Critical borrower-facing nuance confirmed verbatim in the same PDF: 'while the interest rate on the collateral charge may be different than the interest rate in the mla, you can only be charged interest based on the mla interest rate.' Any site copy citing this fact should carry that clarification. Downstream verification must use pdftotext, not HTML stripping.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "LOW"
    },
    {
      "id": "claim-009",
      "spec_version": "1.0",
      "text": "When a TD mortgage is ported to a new home, the principal amount, interest rate, remaining term and amortization period move from the current house to the new one with no prepayment charge.",
      "article_anchor": "TD describes porting, where the principal amount, interest rate, remaining term and amortization period move from your current house to your new one without a prepayment charge.",
      "type": "lender-operational",
      "confidence": "B",
      "primary_source": {
        "name": "TD Canada Trust",
        "publisher": "TD Bank Group",
        "url": "https://www.td.com/ca/en/personal-banking/products/mortgages/what-happens-break-mortgage-penalty",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "your principal amount, interest rate, remaining term and amortization period move from your current to your new house - and you won't have to pay a prepayment charge",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "Re-verified mechanically: PASS on both extraction methods (on-page dash normalizes to hyphen). AMENDED: original fact_text opened with the blanket claim 'TD mortgages are portable', which the quote does not state; the page frames porting as an option ('if you're selling your current home and moving to a new one, you may want to port your mortgage') and TD's stories.td.com article scopes porting to fixed-rate mortgages with 'you may be able to port'. Do not present portability as unconditional across all TD mortgage types on a YMYL page.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "LOW"
    },
    {
      "id": "claim-010",
      "spec_version": "1.0",
      "text": "If the borrower does not renew or pay off the mortgage by the maturity date, TD may automatically renew it into a one-year open term with an interest rate often higher than TD's other fixed rate options.",
      "article_anchor": "Do nothing and TD may automatically renew the mortgage into a one-year open term at an interest rate often higher than its other fixed rate options.",
      "type": "lender-operational",
      "confidence": "B",
      "primary_source": {
        "name": "TD Canada Trust",
        "publisher": "TD Bank Group",
        "url": "https://www.td.com/ca/en/personal-banking/products/mortgages/renew-refinance/mortgage-renewal-tips",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "if for some reason you don't renew your mortgage or pay it off by the maturity date, we may automatically renew your mortgage into a one-year open term, which has an interest rate often higher than our other fixed rate options",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "Re-verified mechanically: PASS on both extraction methods. Fact preserves the quote's conditional language ('may automatically renew') and its hedged rate comparison ('often higher'). TD's stated default is a one-year open term, distinct from the 6-month convertible pattern at some other Big 6 lenders.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "LOW"
    },
    {
      "id": "claim-011",
      "spec_version": "1.0",
      "text": "TD mortgages and term portions can be renewed digitally in 3 easy steps using a computer or mobile phone.",
      "article_anchor": "TD also promotes renewing digitally in 3 easy steps from a computer or phone. The convenience is real. So is the fact that the fastest path through a renewal is the one that accepts the first quoted rate.",
      "type": "lender-operational",
      "confidence": "B",
      "primary_source": {
        "name": "TD Canada Trust",
        "publisher": "TD Bank Group",
        "url": "https://www.td.com/ca/en/personal-banking/products/mortgages/renew-refinance/how-to-renew",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "Renew your mortgage and/or term portion digitally in 3 easy steps using your computer or mobile phone",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "Re-verified mechanically: PASS on both extraction methods. AMENDED: 'TD Home Equity FlexLine' and 'EasyWeb Online Banking or the TD app' were removed from fact_text because they are not inside the quote. Both are corroborated verbatim elsewhere on the same page (mechanically located in adversarial fetch): 'renew your td mortgage and td home equity flexline term portion (term portion) digitally' and step one 'log in to easyweb online banking or the td app, and click on your mortgage account.' Renew-by-phone line 1-800-450-7320 also confirmed on-page.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "LOW"
    },
    {
      "id": "claim-012",
      "spec_version": "1.0",
      "text": "TD publishes its own online mortgage prepayment calculator that estimates the prepayment charge for making prepayments or breaking a term early.",
      "article_anchor": "TD publishes its own prepayment calculator for estimating the charge; the tool itself lives on TD's site and is worth running before any decision that involves breaking the term.",
      "type": "lender-operational",
      "confidence": "B",
      "primary_source": {
        "name": "TD Canada Trust",
        "publisher": "TD Bank Group",
        "url": "https://ix0.apps.td.com/mortgage-prepayment-calculator/",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "Our calculator can help you calculate your prepayment charge so you can understand the costs of making prepayments or breaking your term early",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "Re-verified mechanically: PASS on both extraction methods. Live TD-hosted calculator page (ix0.apps.td.com) fetched successfully with Chrome UA. The same page carries the IRD method language verified under td-06.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "LOW"
    },
    {
      "id": "claim-013",
      "spec_version": "1.0",
      "text": "When a TD borrower ports a fixed-rate mortgage and needs additional funds, the existing rate and term transfer for the existing principal, the additional funds are priced at current rates for the term closest to the remaining term, and the final rate is a blended rate of the existing and new rates.",
      "article_anchor": "If the new house needs more money, the additional funds are priced at current rates for the term closest to your remaining term, and the final rate is a blended rate of old and new.",
      "type": "lender-operational",
      "confidence": "B",
      "primary_source": {
        "name": "TD Canada Trust",
        "publisher": "TD Bank Group",
        "url": "https://stories.td.com/ca/en/article/the-truth-behind-three-common-mortgage-myths",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "with any additional funds priced at current rates for the term closest to your remaining term. The final rate is a blended rate of the existing and new rates",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "Re-verified mechanically: PASS on both extraction methods. The quote is a mid-sentence truncation; the clause 'the existing rate and term transfer for the existing principal' is the verified beginning of the SAME on-page sentence, mechanically confirmed as contiguous: 'if you need additional funds, your existing rate and term are transferred to your new mortgage for the existing principal amount, with any additional funds priced at current rates for the term closest to your remaining term.' The 'fixed-rate' and porting scoping is the mechanically verified preceding sentence: 'if you have a fixed rate mortgage, and you're moving to a new home, you may be able to port (or move) your existing mortgage terms without charge.' Note porting itself is conditional ('may be able to'); this fact describes the pricing mechanics when a port-with-increase occurs. Source is stories.td.com, TD Bank Group's own editorial domain, so treat as TD marketing editorial rather than product terms.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "LOW"
    },
    {
      "id": "claim-014",
      "spec_version": "1.0",
      "text": "FCAC states that if your mortgage contract is with a federally regulated financial institution, such as a bank, the lender must provide you with a renewal statement at least 21 days before the end of the existing term.",
      "article_anchor": "TD sends a renewal offer letter 30 days before the mortgage matures if you have not renewed by then. The federal floor is a renewal statement at least 21 days before the end of the existing term.",
      "type": "regulation",
      "confidence": "A",
      "primary_source": {
        "name": "FCAC consumer guidance",
        "publisher": "Financial Consumer Agency of Canada (Government of Canada)",
        "url": "https://www.canada.ca/en/financial-consumer-agency/services/mortgages/renew-mortgage.html",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": "https://web.archive.org/web/20260430215234/https://www.canada.ca/en/financial-consumer-agency/services/mortgages/renew-mortgage.html",
      "source_quote": "such as a bank, the lender must provide you with a renewal statement at least 21 days before the end of the existing term",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "MECHANICAL PASS 2026-07-10 (independent fetch, normalized contiguous substring, 1 occurrence). Lead-in verified live: full sentence begins 'If your mortgage contract is with a federally regulated financial institution, such as a bank, ...' AMENDED: fact_text previously said 'federally regulated lender'; page says 'federally regulated financial institution'. Page title confirmed 'Renewing your mortgage - Canada.ca'.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "MODERATE"
    },
    {
      "id": "claim-016",
      "spec_version": "1.0",
      "text": "The statutory renewal disclosure must include a statement that no change that increases the cost of borrowing will be made to the credit agreement between the day on which the statement is disclosed and the day on which the credit agreement will be renewed.",
      "article_anchor": "The federal disclosure rules require the renewal statement to say that no change that increases the cost of borrowing will be made between the day the statement is disclosed and the day the agreement renews.",
      "type": "regulation",
      "confidence": "A",
      "primary_source": {
        "name": "Justice Laws consolidated statute",
        "publisher": "Government of Canada (Justice Laws Website)",
        "url": "https://laws-lois.justice.gc.ca/eng/regulations/SOR-2021-181/FullText.html",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": null,
      "source_quote": "no change that increases the cost of borrowing will be made to the credit agreement between the day on which the statement is disclosed by the institution and the day on which the credit agreement will be renewed",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "MECHANICAL PASS 2026-07-10; 1 occurrence, context confirms it is s. 45(1)(c) introduced by 'the following information is prescribed information in relation to a credit agreement that will be renewed on a specified date: ... (c) a statement that no change...'. AMENDED: 'commitment' replaced with the regulation's own word 'statement'; the reg prescribes disclosure of a statement, it does not use the word commitment. s. 45(1)(d) later-of rule also confirmed in context pull. No Wayback snapshot; pin before publish.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "MODERATE"
    },
    {
      "id": "claim-017",
      "spec_version": "1.0",
      "text": "If the lender will not renew your mortgage, FCAC states the lender must notify you 21 days before the end of your term.",
      "article_anchor": "The legal floor sits underneath it: FCAC states a federally regulated financial institution, such as a bank, must provide a renewal statement at least 21 days before the end of the existing term, and if the bank has decided not to renew ...",
      "type": "regulation",
      "confidence": "A",
      "primary_source": {
        "name": "FCAC consumer guidance",
        "publisher": "Financial Consumer Agency of Canada (Government of Canada)",
        "url": "https://www.canada.ca/en/financial-consumer-agency/services/mortgages/renew-mortgage.html",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": "https://web.archive.org/web/20260504005531/https://www.canada.ca/en/financial-consumer-agency/services/mortgages/renew-mortgage.html",
      "source_quote": "Your lender must also notify you 21 days before the end of your term if they won't renew your mortgage.",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "MECHANICAL PASS 2026-07-10. Quote is a complete sentence and fully supports fact_text; sentence appears directly after the 21-day renewal-statement sentence. Statutory backing per researcher: SOR/2021-181 s. 46 (non-renewal) confirmed present on the FullText page in my context pull ('marginal note: non-renewal 46 (1) if an institution does not intend to renew a credit agreement...').",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "MODERATE"
    },
    {
      "id": "claim-018",
      "spec_version": "1.0",
      "text": "FCAC warns that if you don't take action, the renewal of your mortgage term may be automatic, meaning you may not get the best interest rate and conditions; if your lender plans on automatically renewing your mortgage, it will say so in the renewal statement.",
      "article_anchor": "FCAC frames the same default more generally: if your lender plans on automatically renewing your mortgage, it will say so in the renewal statement, and an automatic renewal means you may not get the best rate and conditions.",
      "type": "regulation",
      "confidence": "A",
      "primary_source": {
        "name": "FCAC consumer guidance",
        "publisher": "Financial Consumer Agency of Canada (Government of Canada)",
        "url": "https://www.canada.ca/en/financial-consumer-agency/services/mortgages/renew-mortgage.html",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": "https://web.archive.org/web/20260430215234/https://www.canada.ca/en/financial-consumer-agency/services/mortgages/renew-mortgage.html",
      "source_quote": "the renewal of your mortgage term may be automatic. This means you may not get the best interest rate and conditions. If your lender plans on automatically renewing your mortgage, it will say so in the renewal statement.",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "MECHANICAL PASS 2026-07-10. AMENDED: added the conditional lead-in 'if you don't take action,' which immediately precedes the quote on the live page (verified 2026-07-10: 'if you don't take action, the renewal of your mortgage term may be automatic.'); omitting it presented conditional source language as broader than stated. Lead-in is page context, not inside the quote; documented here per the same pattern as regulatory-001.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "MODERATE"
    },
    {
      "id": "claim-019",
      "spec_version": "1.0",
      "text": "FCAC guidance tells borrowers to negotiate with their current lender at renewal; you may qualify for a discounted interest rate that is lower than the rate quoted in your renewal letter.",
      "article_anchor": "FCAC's renewal guidance tells borrowers to negotiate with their current lender because you may qualify for a discounted interest rate that is lower than the rate quoted in your renewal letter.",
      "type": "regulation",
      "confidence": "A",
      "primary_source": {
        "name": "FCAC consumer guidance",
        "publisher": "Financial Consumer Agency of Canada (Government of Canada)",
        "url": "https://www.canada.ca/en/financial-consumer-agency/services/mortgages/renew-mortgage.html",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": "https://web.archive.org/web/20260430215234/https://www.canada.ca/en/financial-consumer-agency/services/mortgages/renew-mortgage.html",
      "source_quote": "Negotiate with your current lender. You may qualify for a discounted interest rate that is lower than the rate quoted in your renewal letter.",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "MECHANICAL PASS 2026-07-10. Adjacent sentence also confirmed live in my context pull: 'tell your lender about offers you received from other financial institutions or mortgage brokers. you may need to provide proof of the offers you receive.'",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "MODERATE"
    },
    {
      "id": "claim-021",
      "spec_version": "1.0",
      "text": "Lenders will usually use the IRD calculation when the interest rate on your mortgage is higher than the current interest rate and you signed your current mortgage contract less than 5 years ago.",
      "article_anchor": "Which side of the greater-of wins depends on rates: FCAC notes lenders usually apply IRD when the interest rate on your mortgage is higher than the current interest rate and you signed your current mortgage contract less than 5 years ago.",
      "type": "regulation",
      "confidence": "A",
      "primary_source": {
        "name": "FCAC consumer guidance",
        "publisher": "Financial Consumer Agency of Canada (Government of Canada)",
        "url": "https://www.canada.ca/en/financial-consumer-agency/services/mortgages/reduce-prepayment-penalties.html",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": "https://web.archive.org/web/20260430213639/https://www.canada.ca/en/financial-consumer-agency/services/mortgages/reduce-prepayment-penalties.html",
      "source_quote": "The lender will usually use the IRD calculation if: the interest rate on your mortgage is higher than the current interest rate and you signed your current mortgage contract less than 5 years ago",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "MECHANICAL PASS 2026-07-10. Quote includes the 'if:' lead-in and both list-item conditions as contiguous visible text; fact_text mirrors both conditions and the conditional 'usually'.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "MODERATE"
    },
    {
      "id": "claim-024",
      "spec_version": "1.0",
      "text": "Prepayment privileges vary from lender to lender; FCAC tells borrowers to check the terms and conditions of their mortgage contract.",
      "article_anchor": "Those are TD's numbers, not a federal entitlement. FCAC's baseline is that prepayment privileges vary from lender to lender and that the terms and conditions of your own contract govern. The marketing page summarizes; the contract decides.",
      "type": "regulation",
      "confidence": "A",
      "primary_source": {
        "name": "FCAC consumer guidance",
        "publisher": "Financial Consumer Agency of Canada (Government of Canada)",
        "url": "https://www.canada.ca/en/financial-consumer-agency/services/mortgages/reduce-prepayment-penalties.html",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": "https://web.archive.org/web/20260430213639/https://www.canada.ca/en/financial-consumer-agency/services/mortgages/reduce-prepayment-penalties.html",
      "source_quote": "Prepayment privileges vary from lender to lender. Check the terms and conditions of your mortgage contract",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "MECHANICAL PASS 2026-07-10. AMENDED: dropped 'for the specific allowed amounts' from fact_text — the quote ends at 'mortgage contract'. The live page does continue 'to find out: if your lender allows you to make prepayments... if there's a minimum or a maximum amount that you're allowed to prepay... what fees or penalties apply' (verified 2026-07-10), so the amounts point is true but sits outside the quote; extend the quote if that detail is needed on-page. Federal baseline stands: per-lender percentages must come from each lender's own pages.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "MODERATE"
    },
    {
      "id": "claim-025",
      "spec_version": "1.0",
      "text": "FCAC explains that with a collateral charge mortgage you may secure multiple loans with your lender, including a mortgage and a line of credit, and the lender may register a charge higher than the amount of your mortgage.",
      "article_anchor": "FCAC's description of collateral charges explains the design: a collateral charge may secure multiple loans with your lender, including a mortgage and a line of credit, and the lender may register a charge higher than the amount of your ...",
      "type": "regulation",
      "confidence": "A",
      "primary_source": {
        "name": "FCAC consumer guidance",
        "publisher": "Financial Consumer Agency of Canada (Government of Canada)",
        "url": "https://www.canada.ca/en/financial-consumer-agency/services/mortgages/choose-mortgage.html",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": "http://web.archive.org/web/20260501022119/https://www.canada.ca/en/financial-consumer-agency/services/mortgages/choose-mortgage.html",
      "source_quote": "With a collateral charge mortgage, you may secure multiple loans with your lender. This includes a mortgage and a line of credit. The lender may register a charge higher than the amount of your mortgage.",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "MECHANICAL PASS 2026-07-10. Quote is three complete sentences fully supporting fact_text. Page title confirmed 'Choosing a mortgage that is right for you - Canada.ca'. Caveat retained from researcher: the Wayback snapshot's content has not been independently checked against this quote.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "MODERATE"
    },
    {
      "id": "claim-026",
      "spec_version": "1.0",
      "text": "OSFI's guidance letter dated November 21, 2024 exempts uninsured mortgage straight switches from the prescribed MQR.",
      "article_anchor": "In a guidance letter dated November 21, 2024, OSFI changed the qualification rules for renewal switches.",
      "type": "regulation",
      "confidence": "A",
      "primary_source": {
        "name": "OSFI guidance",
        "publisher": "Office of the Superintendent of Financial Institutions",
        "url": "https://www.osfi-bsif.gc.ca/en/guidance/guidance-library/osfi-exempts-uninsured-mortgage-straight-switches-prescribed-mqr-implements-portfolio-lti-limits",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": "https://web.archive.org/web/20260504004656/https://www.osfi-bsif.gc.ca/en/guidance/guidance-library/osfi-exempts-uninsured-mortgage-straight-switches-prescribed-mqr-implements-portfolio-lti-limits",
      "source_quote": "OSFI exempts uninsured mortgage straight switches from the prescribed MQR and implements portfolio LTI limits Information Publication type Letter Category Sound Business and Financial Practices Date November 21, 2024",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "MECHANICAL PASS 2026-07-10; the title-plus-metadata run is contiguous in tag-stripped visible text exactly as claimed (confirmed in context pull: '...portfolio lti limits information publication type letter category sound business and financial practices date november 21, 2024 sector banks...'). Quote contains the date and 'Letter' publication type, supporting 'guidance letter dated November 21, 2024'. Researcher's warning about the old ledger's non-contiguous editorial parenthetical is consistent with this.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "MODERATE"
    },
    {
      "id": "claim-027",
      "spec_version": "1.0",
      "text": "Under this change, OSFI no longer prescribes the minimum qualifying rate (MQR) that it expects federally regulated financial institutions to apply when uninsured mortgage borrowers switch to a new institution at renewal.",
      "article_anchor": "The regulator no longer prescribes the minimum qualifying rate that it expects federally regulated institutions to apply when uninsured mortgage borrowers switch to a new institution at renewal.",
      "type": "regulation",
      "confidence": "A",
      "primary_source": {
        "name": "OSFI guidance",
        "publisher": "Office of the Superintendent of Financial Institutions",
        "url": "https://www.osfi-bsif.gc.ca/en/guidance/guidance-library/osfi-exempts-uninsured-mortgage-straight-switches-prescribed-mqr-implements-portfolio-lti-limits",
        "datePublished": "n.d.",
        "vintage": "2026-07-10",
        "verbatim_check": true
      },
      "wayback_url": "https://web.archive.org/web/20260504004656/https://www.osfi-bsif.gc.ca/en/guidance/guidance-library/osfi-exempts-uninsured-mortgage-straight-switches-prescribed-mqr-implements-portfolio-lti-limits",
      "source_quote": "Effective today, OSFI will no longer prescribe the minimum qualifying rate (MQR) that it expects federally regulated financial institutions (institutions) to apply when uninsured mortgage borrowers switch to a new institution at renewal.",
      "math_derivation": null,
      "evidence": null,
      "attestation": null,
      "inference_logic": "MECHANICAL PASS 2026-07-10. 'Effective today' anchors to the letter date November 21, 2024 established by regulatory-013 on the same page. When citing on-site, always pair with regulatory-013 so the effective date is sourced; do not date the change from this quote alone.",
      "derivation_chain": null,
      "conditions": null,
      "next_review_due": "2027-01-10",
      "last_verified": "2026-07-10",
      "history": [
        {
          "date": "2026-07-10",
          "change": "Initial entry. Verbatim mechanically confirmed via curl fetch (Chrome UA, lint normalization) during the 2026-07-10 lender-cluster build, then independently re-fetched and semantically checked by an adversarial verification pass before drafting."
        }
      ],
      "evidence_grade": "MODERATE"
    }
  ]
}