TransCanada Credit Union - Conventional Mortgage

Save money by putting a minimum of 20% down. If your down payment is at least 20% of the purchase price then you won't need to pay for mortgage insurance from Canadian Mortgage and Housing Corporation (CMHC).

And with a larger down payment you already have equity in your home that you can use if you need to borrow money down the road.

  • Choose a mortgage rate and term that fits your budget.
  • Select mortgage features that fit your lifestyle.
  • Get pre-approved to know what you can afford.

Rates:

6 Month - Open/Fixed 6.70%
6 Month - Closed (20/20 Prepayable) 4.45%
1 Year - Open/Fixed 6.30%
1 Year - Closed (20/20 Prepayable) 3.59%
2 Year - Closed (20/20 Prepayable) 3.79%
5 Year - Open/Variable Prime + 1.50%
5 Year - Closed (20/20 Prepayable) 4.09%