1 When you purchase a new property and are taking a new personal mortgage loan (“Mortgage”) with Vancity or move your existing Mortgage from another financial institution to Vancity, with a Mortgage value amount of CA$100,000 or more with a three year fixed term or greater, you may receive a cash back bonus (the “Cash Back”) as follows: (i) for three year fixed term, $500 for mortgages between $450,000.00 up to $749,999.99; $750 for mortgages greater than or equal to $750,000.00; (ii) for four year fixed term or greater $500 for mortgages between $100,000 up to $449,999.99; $1,500 for mortgages between $450,000.00 up to $749,999.99; and $2,500 for mortgages greater than or equal to $750,000.00. An appraisal fee may apply. The Vancity Mortgage Cash Back Offer may be changed or withdrawn at any time without notice. Please read these Terms and Conditions which govern the Vancity Mortgage Cash Back Offer.
2 Some conditions apply. Available to Vancity members on new and renewing mortgages where the mortgage loan-to-value is less than 75% and the amortization is 25 years or less. Must be owner occupied. All applicants must meet the Vancity lending criteria. Rate is subject to change or may be withdrawn without notice at any time.
3 Some conditions apply. All applicants must meet the Vancity lending criteria. The annual percentage rate (APR), compounded semi-annually, not in advance. The APR is for a mortgage of $100,000 with monthly payments and a 25 year amortization. APR assumes no fees apply. You may be required to pay additional fees which would increase your APR. Rate is subject to change or may be withdrawn without notice at any time.
4 Some conditions apply. This rate is only available to members with less than 20% down payment, a residential property with a purchase price under $1,000,000, the amortization is 25 years or less, owner occupied, and who are eligible for and purchase mortgage default insurance. All applicants must meet the Vancity lending criteria.
5 Some conditions apply. All applicants must meet the Vancity lending criteria. 5-Year Homeprime Fixed Term Mortgage interest rate is compounded monthly, not in advance. Vancity's Homeprime mortgage offers you a variable interest rate based on Vancity's Homeprime rate over a 5-year fixed term. The interest rate for a Vancity Homeprime (variable rate) mortgage is tied to the Vancity Homeprime Rate. As mortgage interest rates fluctuate, they move in sync with the Vancity Homeprime Rate. This is why interest rates are written as Vancity Homeprime Rate "+" or "-" a certain interest rate amount to show how the interest rate is calculated based on the Vancity Homeprime Mortgage Rate. Refer to the Vancity Homeprime Rate section for more information. Rate is subject to change or may be withdrawn without notice at any time.
6 120 day rate guarantee is only applicable for mortgage applications pre-approved on or after November 18, 2022.
