Congratulations!

Based on your borrowing preferences, we recommend you apply for an Open Variable MortgageClosed Variable Mortgage, or consider a Line of Credit as a short term mortgage alternative.  


Choose what's best for you

Open Variable Mortgage

Enjoy flexible repayment without penalty.

  • Interest: floating semi-annual equivalent rate calculation
  • Term Length: 5 years
  • Payment Options: Flexible
  • Additional Payments: Unlimited
  • Amortization: as per lending schedules
  • Fees: 
    • Applicable application fees
    • Credit Bureau Search: $5.80
    • Person Search: $18.00
    • Other fee consideration from 3rd parties such as legal and appraisal fees may apply
  • Rewards: Earns quarterly Member Rewards

For full details, please see our account and fee information.

Closed Variable Mortgage

Pay a lower interest rate on your mortgage.

  • Interest: compounded annually
  • Term Length: 5 years
  • Payment Options: Flexible
  • Additional Payments: Prepay without penalty, unless payment is received directly or indirectly from another lender, in which case a 90-day interest penalty applies
  • Amortization: as per lending schedules
  • Fees: 
    • Applicable application fees
    • Credit Bureau Search: $5.80
    • Person Search: $18.00
    • Other fee consideration from 3rd parties such as legal and appraisal fees may apply
  • Rewards: Earns quarterly Member Rewards

For full details, please see our account and fee information.

Line of Credit

Get approved for a safety net attached to your chequing account.

  • Interest Rate: 15% to 20%
  • Monthly Payment: Flexible
  • Payment Options: Flexible
  • Additional Payments: Unlimited
  • Interest Charged: Monthly on outstanding balance
  • Fees: $10 to $25/year based on approved amount
  • Access to Funds: full access to approved credit limit
  • Rewards: Earns quarterly Member Rewards

For full details, please see our account and fee information.




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