† 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. 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. Rate changes when Vancity Homeprime changes. Rates subject to change without notice. Refer to the Vancity Homeprime Rate section for more information.
◊ 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 Rate is subject to change or may be withdrawn without notice at any time.
¤ 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. 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 Rate is subject to change or may be withdrawn without notice at any time.
* Some conditions apply. The mortgage application must be funded by Vancity within 60 days of the date the application is started. 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 Rate is subject to change or may be withdrawn without notice at any time.
⁂ Some conditions apply. The mortgage application must be funded by Vancity within 90 days of the date the application is started. 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 Rate is subject to change or may be withdrawn without notice at any time.
‡ Some conditions apply. When you purchase a new property and are taking a new personal mortgage loan with Vancity or move your existing Mortgage from another financial institution to Vancity, with a three year fixed term or greater, you may receive a cash back up to 5% of the mortgage principal as follows:
- Up to 1.00% Cash Back on 3 year fixed term;
- up to 2.25% Cash Back on 4 year fixed term;
- up to 4.00% Cash Back on 5 year fixed term;
- up to 5.00% Cash Back on 7 year fixed term;
- and up to 5.00% Cash Back on 10 year fixed term.
Cash back is paid on the date the mortgage is funded. If the mortgage is not funded, no cash back will be paid. If you choose to break your mortgage commitment for any reason prior to maturity, you will be required to repay a portion of the cash back received. Mortgage approval is subject to standard Vancity lending criteria. This Offer cannot be combined with any other offer unless otherwise specified.
ᶲTerms and conditions apply. The mortgage blend and extend option lets you renew your mortgage immediately for a new term. Vancity will blend your existing fixed-term fixed-rate interest rate with a new fixed-term fixed-rate interest rate. Your blended mortgage rate will be in between these two interest rates and extends the maturity date for another longer term. No mortgage prepayment penalty fees apply for this blend and extend mortgage option. Member requests for an increased mortgage loan for the new term are subject to meeting Vancity’s lending criteria. Your new interest rate will depend on the circumstances of your mortgage including for example the number of months remaining on your current term, the amortization of your mortgage and the loan to value ratio of your mortgage. Member requests for an increased mortgage loan for the new term are subject to meeting Vancity’s lending criteria. Increases to the mortgage loan may also be subject to mortgage re-advance and property evaluation fees.Your new interest rate will depend on the circumstances of your mortgage including for example the number of months remaining on your current term, the amortization of your mortgage and the loan to value ratio of your mortgage. Member requests for an increased mortgage loan for the new term are subject to meeting Vancity’s lending criteria. Increases to the mortgage loan may also be subject to mortgage re-advance and property evaluation fees.
