Mortgages

Promotional Variable Mortgage Rates (Rates effective 2019-06-14) Rates
3-Year Variable Closed 2.89%
5-Year Variable Closed 2.99%

2.89% APR on 3-Year Varialbe Closed Mortgage: Special promotional rate may be changed or withdrawn at any time without notice. Cannot be combined with any other offer or discount. Rate guaranteed for a maximum of 60 days. Rate guarantee does not apply to the Alterna prime rate. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the Interest rate 2.89%. Prime Refers to the Alterna Prime Rate. Alterna Prime Rate is 3.95% as of October 26, 2018. Your interest rate will change whenever the Alterna Prime rate changes. Rates calculated monthly not in advance. Maximum Amortization of 25 years. Maximum property value of $1,000,000. Funds must be advanced within 60 days of application. Applies to owner-occupied residential properties only. Some conditions apply. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date.

2.99% APR on 5-Year Varialbe Closed Mortgage: Special promotional rate may be changed or withdrawn at any time without notice. Cannot be combined with any other offer or discount. Rate guaranteed for a maximum of 60 days. Rate guarantee does not apply to the Alterna prime rate. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the Interest rate 2.99%. Prime Refers to the Alterna Prime Rate. Alterna Prime Rate is 3.95% as of October 26, 2018. Your interest rate will change whenever the Alterna Prime rate changes. Rates calculated monthly not in advance. Maximum Amortization of 25 years. Maximum property value of $1,000,000. Funds must be advanced within 60 days of application. Applies to owner-occupied residential properties only. Some conditions apply. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date.

Promotional Fixed Mortgages Rates (Rates effective 2019-06-14) Rates
3 Year Fixed Closed 2.84%
5 Year Fixed Closed 2.89%
10 Year Fixed Closed 3.24%

2.84% APR on 3-Year Fixed Closed Mortgage: Special promotional rate may be changed or withdrawn at any time without notice. Cannot be combined with any other offer or discount. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the Interest rate 2.84%. Rates calculated semi-annually not in advance. Maximum Amortization of 25 years. Maximum property value of $1,000,000. Funds must be advanced within 120 days of application. Applies to owner-occupied residential properties only. Some conditions apply. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date.

2.89% APR on 5-Year Fixed Closed Mortgage: Special promotional rate may be changed or withdrawn at any time without notice. Cannot be combined with any other offer or discount. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the Interest rate 2.89%. Rates calculated semi-annually not in advance. Maximum Amortization of 25 years. Maximum property value of $1,000,000. Funds must be advanced within 120 days of application. Applies to owner-occupied residential properties only. Some conditions apply. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date.

3.24% APR on 10-Year Fixed Closed Mortgage: Special promotional rate may be changed or withdrawn at any time without notice. Cannot be combined with any other offer or discount. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the Interest rate 3.24%. Rates calculated semi-annually not in advance. Maximum Amortization of 25 years. Maximum property value of $1,000,000. Funds must be advanced within 120 days of application. Applies to owner-occupied residential properties only. Some conditions apply. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date.

Fixed Rate Mortgages (Rates effective 2019-06-14) Rates
6 Month Closed 4.40%
1 year closed mortgage 3.69%
2 year closed mortgage 3.89%
3 year closed mortgage 4.59%
4 year closed mortgage 4.99%
5 year closed mortgage 5.34%
Variable Rate Mortgage (Rates effective 2019-06-14) Rates
Variable rate first-closed mortgage 3.95%
Variable rate first-open mortgage 6.70%

Interest rates are subject to change without notice and are not guaranteed unless confirmed in-branch, or by phone, fax or email.  Interest rates are stated per annum. The Annual Percentage Rate is for a mortgage of $100,000 with monthly payments and a 25-year amortization. Any additional fee would increase the APR.  The interest rate on fixed rate mortgages are compounded semi-annually, not in advance.  The interest rate on variable rate mortgages and Meritline home equity lines of credit is compounded monthly.

Secured Line of Credit (Rates effective 2018-12-19) Rates
Secured Line of Credit 4.95%
Prime refers to the Alterna Prime Rate. Alterna Prime Rate is 3.95% as of October 26, 2018. Your interest rate will change whenever the Alterna Prime rate changes. Subject to credit approval. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the Interest rate. Other conditions may apply. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date.

 

Find Branch/ATM

Enter address, postal code or branch name