Get the security of knowing that your payments will be guaranteed for 10 years
Protect yourself against interest rate risks over the long term with this low rate mortgage. Whether you’re looking to purchase a new home, or renewing your mortgage, here’s an option to help you meet your borrowing goals.¹
| Details |
| Term: |
10 Years Closed |
| Interest Rate: |
Fixed for the full term. 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. |
| 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 This offer can be changed or withdrawn at anytime without notice and may not be combined with any other discounts, offers or promotions. Scotiabank will provide an amount equal to 5% of your mortgage principle to the Solicitor on date of advance. You will be required to repay the pro-rated amount of the 5% cash back you receive if your mortgage is paid out, assumed, transferred or early renewed before maturity.
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