Mortgages

Let us show you a better way to borrow.  A way to free up cash, reduce your monthly payments and take home a share of our profits. A portion of the interest you pay on your loans and mortgages comes back to you in profit shares each year.

Choose from our many available mortgage options or our very popular Flexible Choice Mortgage.

Flex Choice Mortgage

Create a mortgage that's truly you.

Design and build your own loan with the Flexible Choice Mortgage. It gives you the freedom to combine different terms and interest rates within the same loan.  You choose the terms you want, the payment schedule that works for you, and you pay one simple setup fee at the start.

Get a great rate mortgage with flexible terms and use your home equity for whatever else you're wishing for. Plus you're borrowing at low mortgage rates so you can even use it to consolidate high-interest debt. Set it up once, use it as long as you have a house, even if you no longer need a mortgage. It's the smartest way to borrow.

Typical loans require you to negotiate terms and pay set-up costs every time, and sometimes even incur additional legal fees. Not Flexible Choice - you choose your term options, pay first mortgage rates, and apply and pay set-up costs only once. Use it to borrow again and again at low mortgage rates.

Let's say that sometime in the future you need cash flow to start your own business, make a timely investment or put the kids through university. With our Flexible Choice Mortgage, you can borrow up to 80% of your home's appraised value, or up to 95% with our CMHC Flexible Choice program. Borrow any time you like - now or 10 years from now - and as many times as you like. You can have any number of advances at the same time, each with its own purpose, repayment schedule and terms. And each itemized on your comprehensive monthly statement. New advances can even be arranged over the phone.

Take the worry out of interest rate fluctuations with our 6 and 7 year fixed rate options. Plus earn profit shares too. The Flexible Choice Mortgage could be the last mortgage you ever need.

10 Year Mortgage

Take advantage of historically low interest rates with our new 10-Year Mortgage

If you’re looking to secure low rates and guarantee your payments for ten years, our 10-year mortgage is ideal for you.  As well as a great rate and guarantee, you’ll also benefit from these fantastic features:

Enjoy flexibility with your choice of weekly, bi-weekly or monthly payment options.

It’s portable so you can take the same terms and conditions of your existing mortgage to your next mortgage.

Help reduce your interest and principle even faster with our 20/20 payment options:

  •  Pay up to 20% of the original principle balance once per year on any regular scheduled payment date
  •  Increase your payments by up to 20% once per year on any regular scheduled payment date


Earn profit shares on all your mortgages and loans and roll them into an RRSP for a tax credit.

 

Some conditions apply.  All loans subject to qualification and approval.

7 Year Mortgage

Rates can’t stay this low forever. But you can lock in at today’s great rates with our 7-year fixed rate plan, part of our Flexible Choice Mortgage.

Seven great reasons to get the 7 Year Mortgage:

  • Great rate
    • competitive interest rate with up to a 75-day guarantee
  • Avoid risk from rising rates
    • with a fixed interest rate, you get the security of knowing what your rate and amount will be over the long term
  • Flexibility
    • choose from weekly, bi-weekly and monthly options
  • Portable  
    • take the same terms and conditions of your existing mortgage to your next mortgage
  • Assumability
    • by qualifying and registering a new mortgage, the home buyer can take over the seller's existing terms and conditions
  • 20/20 payment options
    • helps reduce your interest and principal even faster
      • pay up to 20% of the original principal balance once per year on any regular scheduled payment date
      • increase your payments by up to 20% once per year on any regular scheduled payment date
  • Profit shares 
    • earn profit shares on your mortgages and loans - funds that you can spend or roll into an RRSP for a tax credit