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3, 4, 5, & 7 Year Closed Term Mortgages
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Get the security of knowing what your payments will be over the long term
If you’re comfortable with where rates are now and don’t want to constantly monitor where they may go, take control of your cash flow with fixed payments for 3, 4, 5 or 7 years¹.
| Details |
| Term: |
3, 4, 5 and 7 Years Closed |
| Interest Rate: |
Fixed for the full term selected. Today's Rate
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| 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. |
| Cash Back Option: |
You can qualify for cash back up to 5% of your mortgage principle, up front. Consider putting it against your mortgage or to help out with moving costs. It's up to you how you use your cash back bonus.² |
¹ Subject to applicable credit approval, Scotiabank residential mortgage standards and maximum permitted loan amounts.
² Some conditions apply. This offer can be changed or withdrawn at anytime without notice and may not be combined with any other discounts, offers or promotions. You will be required to repay the Cash Back you receive if your mortgage is paid out, assumed, transferred or renewed before maturity.
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