If your mortgage is up for renewal and you’re considering moving it to Northern because of our competitive rates, we’ve got good news for you. For a limited time, we’ll cover up to $1,250 of your mortgage transfer fees to make switching as smooth and affordable as possible.* To take advantage of this special offer, Just book an appointment with a Northern Mortgage Expert online.
30-year amortization for conventional mortgages.
Northern will cover up to $1,250* of any fees incurred for transferring your mortgage. You may use this towards any penalties charged by your current FI.
Yes, an appraisal is required on the property to determine the current value of the home. The type of appraisal varies depending on the property and its location.
For a conventional mortgage we can lend up to 80% loan to value.
At Northern we offer the ability to apply online and sign all documents electronically for your convenience.
The timeline varies depending on each application, however at Northern we strive to provide the quickest and easiest experience to our members.
Yes, we offer the option of a direct transfer in solution to our members.
* Terms & condition apply.