TransCanada Credit Union - Mortgage Features

We can help get you into a home, whether it's your first home, your next home or a recreational property.

Payment Options

We have payment options that will fit with your life. Pay weekly, bi-weekly, semi-monthly or monthly, depending on the mortgage option you select. Choose from terms between six months and five years with amortization up to 25 years.

Prepayment Options (20/20 Prepayable)

Prepayment options are available on some closed, fixed rate mortgages. This can help you pay down your mortgage faster. You have an annual prepayment privilege of up to 20% of the original mortgage balance as well as the annual option to increase the monthly payment by 20% without penalty.