See your mortgage in a whole new light.
Looking to buy your first home, invest in another property, or renew your mortgage?We’re ready to help you make progress toward your goal with:
Quick approvals
Tailor-fit processes
Expert guidance
Flexible payment options
Get up to $25,000* Cash Back on a Northern mortgage to upgrade your space, save on moving expenses, pay for post-secondary education, and more.
Talk to a mortgage expert
For most of us, buying a home is the most important and significant investment we’ll ever make. Our homebuyers’ guide will walk you through every step of the process—from finding out what you can afford and budgeting for your future home, to stepping through the front door for the very first time.
There's a lot to consider when buying a home. This handy checklist will take you from dreaming about a new home, to owning it.
CURRENT MORTGAGE RATES
Rates Effective: 2024-09-19 |
Rate |
---|---|
6 Month Open |
8.50
|
1-Year Open |
7.50
|
1-Year Closed |
6.79
|
2-Year Closed |
6.49
|
3-Year Closed |
6.19
|
4-Year Closed |
6.09
|
5-Year Closed |
5.89
|
MORTGAGE SPECIALS | Rate |
---|---|
5-Year Closed High Ratio |
4.59
|
5-Year Closed Conventional |
4.99
|
3 Year Closed High Ratio |
4.89
|
3 Year Closed Conventional |
5.29
|
VARIABLE MORTGAGES | Rate |
---|---|
5-Year Open |
8.45
|
HOME EQUITY LINES OF CREDIT | Rate |
---|---|
Meritline |
6.95
|
With a Purchase Plus Improvements Mortgage, you can start your custom home improvements the day you get your keys and roll the costs right into your mortgage payment. Just like a traditional mortgage, put only 5% down from personal savings, RRSP contributions, existing home equity, or other conventional sources. Offering 3–5-year terms at a competitive rate, tailor your Purchase Plus Improvements Mortgage to suit your needs.
Talk to a mortgage expert
Discover tools, resources and advice that’ll help you when you’re buying your very first home.
Whether you’re moving, buying an investment property or a camp by the lake, we’re here for you with tools, resources and homebuying advice you can trust.
Take advantage of our great rates and expert mortgage advice. Plus, if you switch to Northern, we’ll cover up to $1,250 of your mortgage transfer fees.
Interested in learning about Northern or our products?
© 2021 Northern Credit Union, Limited. All Rights Reserved