When you switch your mortgage to Stoughton Credit Union, you may be eligible to receive reimbursement of up to $1,750 in qualifying switching costs. Eligible expenses may include mortgage transfer or discharge fees, land title and property tax search fees, title insurance, appraisal fees, legal fees, and processing fees. This offer is designed to help make the transition to Stoughton Credit Union as seamless and affordable as possible.

The Mortgage Switch Offer is available to those transferring an existing mortgage from another financial institution to Stoughton Credit Union. Eligible properties include owner-occupied primary residences, owner-occupied residential acreages, vacation homes, and residential revenue properties located within Saskatchewan.  To qualify, the mortgage must have a minimum balance of $200,000 and meet all applicable lending requirements.  Please see full terms and conditions below.

At Stoughton Credit Union, we believe big decisions belong close to home. As a locally owned financial cooperative, we're committed to helping our members achieve their goals with personalized service, local decision-making, and trusted financial advice. When you work with our lending team, you're working with people who understand your community, your priorities, and the importance of finding the right mortgage solution for your unique situation. Because where local matters, you belong.

Mortgage Switch Offer Terms & Conditions

Offer valid from July 1, 2026 to September 30, 2026.

Switch your mortgage to Stoughton Credit Union and save up to $1,750 on eligible switching fees.

Eligible Properties

Offer limited to properties located in Saskatchewan.

Offer available on the transfer of an existing mortgage from another lender to Stoughton Credit Union for:

• Owner-occupied primary residences
• Owner-occupied residential acreages
• Vacation homes
• Residential revenue properties

Eligibility Requirements

To qualify, the mortgage must:

• Have a minimum principal balance of $200,000
• Be transferred from another financial institution to Stoughton Credit Union
• Be a closed fixed-rate mortgage or closed variable-rate mortgage with a minimum term of three (3) years
• Mortgage payments automatically withdrawn from a Stoughton Credit Union chequing account

Eligible Switching Costs

Stoughton Credit Union will reimburse eligible switching costs up to a maximum of $1,750, including:

• Basic Title Insurance fee
• Processing fee
• Legal fee (if applicable)
• Appraisal fees (if applicable)
• Discharge fee

Offer excludes mortgage pre-payment penalties or breakage fees charged by your existing lender.

Promotional Rates

Qualified members may also be eligible for the following promotional mortgage rates:
• 3-Year Fixed Mortgage: 3.95%
• 5-Year Fixed Mortgage: 3.99%

Mortgage pre-approvals may qualify for a rate guarantee of up to sixty (60) days.
Rates are subject to change without notice.

Exclusions

This offer is not available for:

• Existing Stoughton Credit Union mortgage renewals
• Mortgage portability transactions
• Additional advances on existing Stoughton Credit Union mortgages
• Construction-draw mortgages

Early Mortgage Termination

If the transferred mortgage is discharged, refinanced, transferred, or otherwise terminated before the completion of the required three-year term, Stoughton Credit Union may require repayment of any switching costs paid under this offer.

Exceptions may apply where the mortgage is replaced with another qualifying mortgage product through Stoughton Credit Union.

Additional Conditions

• This offer cannot be combined with any other promotional offer except Stoughton Credit Union rate specials.
• All lending products are subject to Stoughton Credit Union's standard lending criteria and approval processes.
• Offer may be amended, extended, or withdrawn without notice.
• Additional terms and conditions may apply.