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1, 2 Year Closed Term Mortgages

Short-term commitment with long-term advantages

Unsure where rates are going, but want short-term payment protection? Locking into a fixed payment makes budgeting easier and offers greater peace of mind. A 1 or 2 Year Closed Term Mortgage offers protection against rate increases with a short time commitment¹.

Details
Term: 1 and 2 Year Closed
Interest Rate:

Fixed for the full term selected. Today's Rate
Financing Available: Conventional and Insured
Payment Frequencies: Weekly, biweekly, semi-monthly, monthly.
Prepayment Options: - Prepay up to 15% of the original amount of
   your mortgage.
- Increase your payments by up to 15% of the
   payment set for the current term.


Take the next step...
Apply online or get Pre-Approved Now
Talk to us at 1-800-953-7441
Contact your local  Scotiabank Branch
Locate a Mortgage Specialist

¹ Subject to applicable credit approval, Scotiabank residential mortgage standards and maximum permitted loan amounts.

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