Mortgage cash back

Get up to $3,000 cash back on eligible mortgages.¹

Don’t let increasing interest rates stress you out. Now is the perfect time to lock in a great rate early by getting pre‑approved or planning ahead for your mortgage renewal by switching to Vancity.

To get started, talk to a specialist about:

Getting a new mortgage Moving your mortgage

In your best interest.

When it comes to your mortgage, find an interest rate that complements your financial well-being.

See other mortgage rates

Get it done without leaving home.


Get our pros on it

Meet a mortgage specialist over the phone.


Lock it, rock it

As an existing member, you can manage documents and signatures virtually to finish your mortgage or pre-approval application and guarantee your rate for 120 days⁵.


Get up to $3,000 cash back

Receive your cash back within 5 days of your mortgage being funded.

Pro tip: Get pre‑approved.

Your dream home can present itself at any moment. Getting pre-approved means:

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No. You can choose when to deduct them on your income tax file while continuing to invest. Deduct them now, or in a future year, or even divide them between years. Waiting to deduct contributions may increase your tax savings.

We suggest you check with your tax advisor or your Vancity investment professional before electing to carry-forward RRSP deductions.

Yes. Many people forget they can contribute even without current earned income (for example, after retiring). If you have unused RRSP contribution room from past years and funds available, contributing to your own or your spouse's RRSP is allowed up until the end of the year the planholder turns age 71.

Watch out for special situations where contributing to an RRSP may not make sense. For example, where you'll lose eligibility for the Guaranteed Income Supplement (GIS), or your tax rate when withdrawing in retirement will be much higher than your initial tax savings. Other options, such as a Tax Free Savings Account (TFSA), might be more appropriate for your circumstances.

Talk to us. We can help you create a plan to catch up on unused RRSP contribution room.

Talk to an expert

Why switch to Vancity?

  • You want to safeguard your sanity
    No one's saying switching a mortgage is simple. But it can definitely be hassle-free when you have the right support. With us, you always will.
  • You want the right advice
    And money-saving tips — like how switching close to the end of the mortgage term, whether you’re six months or just one month out, can help you avoid (or reduce) a mortgage prepayment penalty from your current lender.
  • You want what’s best for you and the planet
    30% of our profits go back into the community and fund initiatives that help build a clean and fair world.
  • You’d love to get up to another $600 in value*
    Get rewarded as a new member when you move your day-to-day spending and savings to Vancity. See details.
Book an appointment Move your mortgage

Give yourself a pat on the cash back.

Mortgage value

Cash back earned

$100,000 to $299,999.99


$300,000 to $499,999.99


$500,000 to $749,999.99


$750,000 and up