Personal Mortgages

Whether you’re buying your first home, renewing, renovating or upgrading, we’ve got the mortgage for you.

CONVENTIONAL MORTGAGE

CMHC MORTGAGE

MORTGAGE PROTECTION

Our Consumer Mortgage offers:

a loan amount of up to 75% of the appraised value or purchase price
1-5 year term options
up to 25 year amortization
fixed or variable repayment options
competitive interest rates
prepayment flexibility
optional insurance coverage to protect your investment

Each mortgage application is completed in-branch by one of our specialists who know you personally and understand your financial goals.

A CMHC Mortgage offers:

a loan amount of up to 95% of the appraised value or purchase price
1-5 year term options
up to 25 year amortization
fixed or variable repayment options
competitive interest rates
prepayment flexibility
optional insurance coverage to protect your investment

You will need to meet the requirements of the CMHC, however, your mortgage will be processed in-branch by our lending specialists.

Mortgage Disability Insurance:

maximum monthly benefit of $3000 (not to exceed scheduled monthly payment)
maximum monthly benefit term of 24 months per insured
age range eligibility of 16-69 years
no tax on payments
payments are made regardless of other disability plans
joint coverage option

Mortgage Life Insurance (in the case of death):

maximum benefit of $1,000,000 (Insurance coverage cannot exceed the amount of the loan)
rates based on smoker and non-smoker
maximum term of 35 years
age range eligibility of 16-69 years
no tax on payments
payments are made regardless of other life insurance plans
joint coverage option

Rates

Mortgage Calculator

Creditor’s group insurance is optional and is underwritten by Co-operators Life Insurance Company. Supporting services, such as enrolment intake, medical underwriting and claims administration, are provided by the employees of CUMIS Services Incorporated, a subsidiary of Co-operators Life Insurance Company. Coverage is governed by the terms and conditions of the creditor group insurance policy issued to the creditor and is subject to terms, conditions, exclusions, and eligibility requirements. See the Product Guide and Certificate of Insurance for full coverage details.