The Long and Short ® Mortgage

Right for you if:

You want low interest short-term rates

You want the security of a longer fixed rate mortgage and can't decide

Benefits of The Long and Short Mortgage

Two interest rates
Get any fixed rate, closed term mortgage for one portion, and a Scotia Flex Value© Mortgage for the other.

Added Benefits
With this program being under The Scotia Total Equity Plan you may be able to also reduce the cost of your borrowing and potentially save hundreds of dollars every year.

You can pay an extra regular mortgage payment on any of your regular payment dates during your term.

You can miss a mortgage payment as long as you have matched one previously in your term.

Conventional and insured financing available.


Choose from weekly, biweekly, semi-monthly, and monthly payment options.

Scotia Mortgage Protection can help make sure the home you worked so hard for is protected.

Rates, Terms & Options

One part of the mortgage payment amount resets every time Scotiabank Prime Rate changes

One part of the mortgage payment amount at a fixed rate for the full term chosen

Mortgage Rates

We understand that everyone's mortgage needs are different. Let us help you find a mortgage that's just right for you4.

Variable Rate Mortgages

Mortgage Tools

It's easy to achieve your goals.

Mortgage-Free Faster Calculator


Discover how small changes can have a big effect. This tool will show you how you can be mortgage-free faster.

What Can I Afford?


Find out how much, so you can arrange your mortgage and shop for a home with confidence.

Mortgage Calculator


Determine your payment options, amortization and more, all with one calculator.

STEP Calculator


Learn how to save by using the equity in your home to borrow at lower interest rates.

Mortgage Selector


Opening the door to homeownership.

Mortgage Comparison Calculator


Use this calculator to compare two different mortgages and determine which feature or product is the most suitable to meet your needs.

Ready to Apply


Get Pre-approved

In Branch

Make an appointment at your local branch


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