Mortgages

Residential Fixed Mortgages (Promotional Rates) Rates
3 Year Fixed Closed 2.64%
5 Year Fixed Closed 2.84%
5 Year Fixed Closed - High Ratio Only 2.59%
5-Year Variable Closed 2.95%
2.64% APR on 3-Year Fixed Closed Mortgage and 2.84% APR on 5-year Fixed Closed Mortgage: Special promotional rates may be changed or withdrawn at any time without notice.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 2.64% and 2.84% respectively. 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. Blend & Extends as well as Refinances are not eligible. 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.

2.59% APR on 5-Year High Ratio Fixed Closed Mortgage: Applicable for a High Ratio Mortgage where a borrower places a down payment of less than 20% of the purchase price on a home. Maximum property value of $1,000,000. Applies to owner-occupied residential properties only. Blend & Extends as well as Refinances are not eligible. 

To be eligible, applicants must purchase and qualify for mortgage default insurance. For a purchase price of $500,000 or less, the minimum down payment is 5%. When the purchase price is above $500,000 and under $1,000,000, the minimum down payment is 5% for the first $500,000 and 10% for the remaining portion.

Special promotional rates may be changed or withdrawn at any time without notice.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 2.59% respectively. Rates calculated semi-annually not in advance. Maximum amortization of 25 years. Funds must be advanced within 120 days of application. 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.

Note: The cost of default insurance is subject to change if the purchase price or appraised value, the amount of down payment or the amortization changes. The final premium and the cost of your mortgage default insurance will be disclosed in your mortgage commitment/loan document.  

2.95% APR on 5-Year Variable 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 TME Savings prime rate. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the Interest rate 2.95%. Prime Refers to the TME Savings Prime Rate. TME Savings Prime Rate is 2.45% as of March 31,2020. Your interest rate will change whenever the TME Savings 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. Blend & Extends as well as Refinances are not eligible. 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.

Residential Fixed Mortgages (Posted Rates) Rates
6 Month Fixed Closed 3.25%
1 Year Fixed Closed 3.19%
2 Year Fixed Closed 3.39%
3 Year Fixed Closed 3.79%
4 Year Fixed Closed 4.34%
5 Year Fixed Closed 4.94%
1 Year Fixed Open 6.35%
Residential Variable Mortgages (Posted Rates) Rates
3 Year Variable Closed 3.55%
5 Year Variable Closed 3.65%

Getting Started

Mortgage rates are very competitive and we encourage you to contact us directly to discuss our best rates.  Full service members may qualify for a rate discount.  Call one of our loan specialists today to see how we can save you money.

Mortgages for Commercial and Rental Properties

Call and speak with our Commercial Lending Specialist, Scott Lafleur, today and he can begin tailoring a financing solution to meet your needs.  Call: 613-966-4111 Ext. 290 or Email: slafleur@quintefirst.ca

 

 


Note: Rates are provided for information purposes only and are subject to change at any time.