Residential Mortgages

Financing a home may be the biggest financial decision you ever make. We’ll help you make sure it’s the right decision. Your financial security advisor can put you in touch with a mortgage planning specialist to help you choose the mortgage that’s right for you.

Our residential mortgage planning specialists will meet with you at your convenience to discuss your financing requirements, show you exclusive mortgage and financing options that are right for your lifestyle and budget.

Rate options

Variable rate mortgage – Our variable rate mortgage offers the advantages of an interest rate that floats based on our prime rate over a five-year term.

Lock and roll mortgage – Our lock and roll mortgage offers the convenience of a five-year term mortgage plus the advantage of a preferred short-term rate.

		Segregated Fund Policies
		Mutual Funds
		Rates and Fund Performance
		Solutions Banking
		Specialized Investment Solutions
		RESPs
		RRSPs
		RRIFs
		Guaranteed Interest Options & Annuities
		Residential Mortgages

Fixed rate terms

Choose from the following terms:

Six months and one-year open mortgage
Six months and one-year convertible mortgage
Two-, three-, four-, five-, seven- and 10-year closed mortgages

Flexible features

Our residential mortgages include several flexible features:

Pre-approval
Competitive interest rates
90-day rate commitment period
Amortization periods up to 25 years
Monthly, semi-monthly, bi-weekly or weekly payments¹
Pre-payment privileges:

Double payments
Up to 15 per cent increase in regular payments
Up to 15 per cent annual lump-sum payments

Portable
Assumable

Special financing options

Our mortgage planning specialists have a complete range of innovative options such as:

Low-cost re-advance program
Construction financing
Refinance option
Bridge financing

Mortgage life insurance

A growing number of our residential mortgage clients are protecting their families and futures with mortgage life insurance. Other insurance options are also available such as individually owned term insurance plans that are renewable or convertible. Talk to your financial security advisor to discuss your insurance needs.

¹Not all payment frequencies may be available for each mortgage option.