Mortgage Loan Options
Explore our full range of mortgage products designed to meet your unique financial needs and homeownership goals.
Conventional Mortgages
Conventional mortgages in Canada require a minimum 20% down payment and do not need mortgage default insurance. These mortgages are ideal for borrowers with strong credit profiles and stable income.
Key Benefits
- No mortgage default insurance premiums
- More flexible terms and conditions
- Options for rental properties and second homes
- Variety of term options (1-10 years)
- Potential for 30-year amortization periods
Fixed-Rate Mortgage
Stable monthly payments with locked-in interest rates for the entire loan term. Available in 15, 20, and 30-year terms.
Adjustable-Rate Mortgage (ARM)
Lower initial rates that may adjust over time based on market conditions. Options include 5/1, 7/1, and 10/1 ARMs.
Low Down Payment Options
Programs available with as little as 3% down for qualified first-time homebuyers through our HomeReady® and Home Possible® programs.
| Loan Type | Current Rate | Min. Down Payment | Min. Credit Score |
|---|---|---|---|
| 5-Year Fixed | Contact for rates | 20% | 680 |
| 3-Year Fixed | Contact for rates | 20% | 680 |
| Variable Rate | Contact for rates | 20% | 680 |
*Rates are subject to change. Contact us for personalized rate quotes.
Frequently Asked Questions
Ready to Find Your Perfect Mortgage?
Our mortgage specialists are ready to help you navigate your options and find the perfect loan for your needs.