Scotia Total Equity® Plan STEP

Right for you if:

  • You want more control over your borrowing
  • You want to lower your overall borrowing costs
  • Secured borrowing rates
    Apply just once to secure your overall borrowing limit and borrow up to 80% of the value of your home.
  • Split mortgages
    Manage your interest rate risk by splitting your mortgage into 2 or 3 different types of mortgages and terms.
PLUS:
Both fixed and variable interest rates are available.
Choose from a combination of Scotiabank products that best suit your need.

Use your Scotia Total Equity Plan to help you with all your borrowing needs.

Once in place, you decide how and when you'll use your available credit. You get the advantage of secured borrowing rates to finance not only your house but other things that are important to you.

You can now borrow up to 80% of the value of your home and continue to choose from the broad range of Scotiabank products that best suits your need. Talk to your Branch for more details and to find out how to take advantage of this product.

  1. Secure your borrowing with at least 20% equity in your home.
  2. Apply just once to establish your overall borrowing limit.
  3. Manage your interest rate risk by splitting your mortgage into two or three different types of mortgages and terms.
  4. Choose a combination of Scotiabank products that best suit your need

In fact, Scotiabank offers the flexibility of separate mortgages with a one-time approval. It's part of the Scotia Total Equity Plan, an ingenious way to use the equity you've built up in your home to help lower your overall borrowing costs.

Choose from:

  • Fixed Rate Mortgages
  • Variable Rate Mortgages
  • Long and Short® Mortgage
  • ScotiaLine® Personal Line of Credit
  • Credit Line for business™
  • ScotiaLine for business™ VISA* card
  • ScotiaGold Passport for business VISA Card
  • Scotiabank Visa Card
  • Scotia Plan® Personal Loans
  • Term Loan for business™
  • Overdraft Protection
  • Special Offers

    We understand that everyone's mortgage needs are different. Let us help you find a mortgage that's just right for you.

Rates are provided for information purposes only and are subject to change at any time.

All rates are calculated semi-annually, not in advance.

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Small changes, big diference 1:48 min | Transcript
Find out how you can meet and exceed your savings requirements.
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