Time to renew your mortgage?  

Renew today using Scotiabank’s flexible renewal options

If your mortgage is coming up for renewal, Scotiabank offers flexible ways to renew your mortgage when, where and how you want. 

Reasons to renew your mortgage with Scotiabank

You’ll enjoy home ownership even more knowing you have the mortgage that’s right for you and your family. Take a look at all that a Scotiabank mortgage offers:

Friendly, Helpful Advisors

It’s important to pay off the debt that has the higher interest rate first and establish a time frame to pay off your debt. This will reduce the overall interest that you will pay to service your debt.

Flexible Payment Options

Our goal is to help you pay off your mortgage sooner and save thousands of dollars in interest along the way.

The Scotia Total Equity® Plan

Unique to Scotiabank, the Scotia Total Equity Plan (STEP) can help you achieve your financial goals by leveraging the equity in your home.

Did you know that you may be able to renew your mortgage online?

You may be eligible to renew your mortgage online. Simply log into Scotia Online and select your mortgage account to get started.

Not yet registered for online banking? 
Go to Scotiabank.com, click on the “Activate Now” link at the top right of the page, and follow the prompts.

*Some exclusions apply.

Helpful Mortgage Tools

Our easy-to-use mortgage tools can help you make an even more informed renewal decision. Here’s a sampling of what’s available to you.

Mortgage Calculator

See how much your mortgage payments can be to fit your budget.

Scotia Total Equity Plan Calculator

Calculate how much of your home equity you may be able to access.

Mortgage Prepayment Calculator

Find out what your mortgage prerepayment charge will be, so you can be mortgage-free faster.

Scotia Mortgage Protection 

Protect your biggest financial investment by adding optional Scotia Mortgage Protection insurance at any point during your mortgage term. Scotia Mortgage Protection offers four coverage options that can either help pay off your mortgage, or keep up with your payments, as a result of certain unexpected life events.

More on Mortgages

The more you know about mortgages and home ownership the better. Help yourself to a wealth of easy to read articles

Financing Your Home Renovations

Since your home is likely your most important asset, renovations can be a great way to increase your property value and also make daily living more comfortable.

Own a home not a mortgage

It's natural to look forward to the day when you have made your very last mortgage payment and own your home outright.

Special Offer

Open an account that goes beyond the everyday. Find out how our banking packages can reward you.

Plus, pay no monthly account fees for up to a year by setting recurring payments to a new or renewed Scotiabank eligible mortgage1.

Get OfferUltimate Package Offer

The online mortgage hub

Get pre-approved in minutes, track your application status, and receive your mortgage approval online.

Discover our digital mortgage toolMore details

Learn the basics today with our step-by-step guide to home-buying from Advice+

Related articles

Contact us

Make an appointment with a Home Financing Advisor

Talk to a Home Financing Advisor on the phone or at a location of your choice.

Apply online with eHOME

You can be pre-approved, search for a home, and get a mortgage all in one place with Scotiabank’s online mortgage application process.

Visit an advisor at your branch

Talk to a Scotiabank Financial Advisor at one of our branches to learn more about STEP and Scotia Mortgage Protection.