Our mortgage features provide flexibility and allow you to tailor your mortgage to meet your financial requirements.

Terms include:

  • Open (6 months) or closed (6 months – 5 years)

Amortization Periods include:

  • Up to 25 years

Payment frequencies include:

  • Weekly, bi-weekly, semi-monthly and monthly

Pre-payment privileges include:

  • Pre-pay up to double your principal and interest payment each month
  • Pay an additional 20% of the outstanding balance in a 12 month period
  • At renewal, any amount can be paid down on the mortgage without penalty
  • Can change frequency of payment to weekly or bi-weekly accelerated

Pre-payment penalties are charged for:

  • Paying out mortgage in full prior to maturity date
  • Exceeding pre-payment privilege amounts
  • Click here to see how we calculate our prepayment charges.

How can you avoid prepayment charges?

  • Blending the interest rates when refinancing
  • See prepayment privileges above

Property taxes can be collected with mortgage payment.

Cash back mortgages offered, up to 5% (can not be used for down payment).

Title Insurance is accepted.

More information on mortgages can be obtained by viewing the website of The Financial Consumer Agency of Canada.