Get $2,000*!

Special Mortgage Cashback Offer

Need a mortgage of $200,000 or more? Choose our 5-Year Fixed Mortgage and you’ll get $2,000.

Get pre-approved today!

First Home | Next Home | Mortgage Transfer

Our mobile mortgage specialist can meet with you on your schedule. Contact Erin to get pre-approved for your mortgage today! Our mortgage offer applies to your first home, next home, or a mortgage transfer to us.

Erin Chmiel

Mortgage Specialist

“I make home ownership goals a reality.

My favourite thing about working at Innovation is that we celebrate each other’s successes.”

Fun fact: “Before moving to Saskatchewan, I worked for the Mouse at Walt Disney World in Orlando, FL.  Doing what you ask? You’ll have to ask when we meet!”

Get your dream home!

Enjoy an easy, open offer

Whether it’s your first home, next home, or you’re transferring a current $200,000+ mortgage to us, you’ll earn $2,000 cash back. There are no tiers or “up to’s”, so when we say $2,000 we mean it!

Earn money

Not only will you earn $2,000 on your fixed mortgage, you’ll also earn cash dividends simply by banking with us.

Get solid advice

You can count on friendly, professional advice that makes the entire mortgage process fast and easy.

Discover speedy borrowing

Simply complete our mortgage form online in minutes or call us at 1.866.446.7001. It’s that fast and easy to get started.

Want us to contact you about a mortgage pre-approval?

Complete this short form and we’ll be in touch with you soon.

Planning to buy a home in the future?

Here’s some advice that could help.


Checklist - When applying for a mortgage, we'll need some documents and information. Here’s our mortgage application checklist.

Residential Mortgage Security - When you borrow money to buy a house, we require security in the form of real property.

Residential Mortgage Default Insurance - As per Legislation, we can only lend up to 80% of the purchase price or value of your new home. If you have less than 20% for a down payment, you'll need mortgage default insurance.

A protection plan provides peace of mind for you and your loved ones. During a tough time, you can focus on your family. We'll focus on protecting you from financial loss.

With an insured mortgage, if you are unable to make your mortgage payments, CUMIS, our reputable insurance company, will make the payments for you. You can apply for a variety of insurance types for your mortgage: disability, life, loss of employment, or critical illness. So, for example, if you lost your job and had loss of employment insurance on your mortgage, CUMIS would make your mortgage payments until you found a job again (up to maximum time noted in your policy). You wouldn’t have to worry about losing your home during such a difficult time.


Pay down your mortgage faster with our 20/20 pay-down option. You can choose one or both options:

  • Pay up to 20% of your original mortgage principal each year without penalty.
  • Increase your monthly payments by 20% without penalty.

Ask us how you can take advantage of the option without penalty.

This offer applies to First Time Home Buyers, Next Time Home Buyers and anyone who transfers their mortgage loan to Innovation Credit Union (“Innovation”) from another financial institution (the “Applicants”) Mortgage loans must have a principal amount of $200,000 or more, must be an Innovation Credit Union (“Innovation”) Fixed-Rate Closed mortgage loan at Innovation’s posted 5-year Closed Fixed (Special) mortgage interest rate or higher. Mortgages must have a term of 5 years with an amortization of 25 years or less. Offer applies to consumer mortgage loans only.

Applicants must have an Innovation No-Fee Bank Account and Member Rewards Account. Pre-authorized mortgage payments must come from an Innovation bank account. Mortgage application must be submitted to Innovation by July 31, 2022 and mortgage must be funded within 120 days of application.

Qualifying Applicants will receive $2,000 cash back on a mortgage loan of $200,000 or more.

Cash back amount will be deposited into the Applicant’s Innovation Member Rewards Account within 30 business days after mortgage funding. In the case of joint mortgages, the cash back amount will be divided equally amongst all mortgage holders. Investment income earned on Member Rewards Account balances may be taxable. If the offer ends before the 30 business days after funding, Innovation will still pay the cash back amount to the Applicants, provided the above terms and conditions are met.

Offer is subject to meeting Innovation’s credit approval criteria. Offer may end or change at any time without notice. From time to time, and without notice, Innovation may change, supplement or amend these terms and conditions. Offer expires July 31, 2022 but may end at anytime without notice.

Offer is non-transferable and is not valid in conjunction with any other Offer. Limit of one Offer per Qualifying Account Holder, including for joint Account Holders. The recipient(s) of the Offer is solely responsible for any tax consequences associated with their receipt thereof. 

Rates subject to change without notice.

AIR = Annual Interest Rate

APR = Annual Percentage Rate

Annual Interest Rate = The total cost of credit expressed as an annual percentage, not including various non-interest charges.

Annual Percentage Rate = The total cost of credit expressed as an annual percentage, taking into account, both interest and various non-interest charges.

If there are no non-interest finance charges, the AIR and APR will be the same.

APR Assumptions:
a. $300,000 Mortgage
b. 25 Year Amortization
c. Applicable Term for Each
d. $400 Appraisal Fee

Applicable to residential mortgages only and subject to Innovation Credit Union lending criteria for residential properties. Some conditions apply.

Interest rate compounded semi-annually not in advance. Interest rates are subject to change without notice.Applicable to residential mortgages only and subject to Credit Union lending criteria for residential properties. Some conditions apply.