Scotia Total Equity® Plan STEP
Right for you if:
You want more control over your borrowing
You want to take advantage of various product options
Secured borrowing rates
Apply just once to secure your overall borrowing limit and borrow up to 80% of the value of your home.
Choose from a combination of Scotiabank products that best suit your need.
Manage your interest rate risk by splitting your mortgage into 2 or 3 different types of mortgages and terms.
Both fixed and variable interest rates are available.
ScotiaLine for business™ VISA* card - Low rates with VISA card access.
ScotiaLine® Personal Line of Credit - Low rates with payment options available.
Use your Scotia Total Equity Plan to help you with all your borrowing needs.
You can borrow up to 80% of the value of your home and choose from a broad range of Scotiabank products. Once the STEP is in place, you decide how and when you'll use your available credit. Talk to your Branch for more details and find out how to take advantage of this product.
- Secure your borrowing with at least 20% equity in your home.
- Apply just once to establish your overall borrowing limit.
- Manage your interest rate risk by splitting your mortgage into two or three different types of mortgages and terms.
- Choose a combination of Scotiabank products that best suit your need
- Fixed Rate Mortgages
- Variable Rate Mortgages
- Long and Short® Mortgage
- ScotiaLine® Personal Line of Credit
- Credit Line for business™
- ScotiaLine for business™ VISA* card
- Scotiabank Passport™ Visa Infinite Business* Card
- ScotiaGold Passport for business VISA Card
- Term Loan for business™
- Overdraft Protection for business
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
Rates are provided for information purposes only and are subject to change at any time.
All rates are calculated semi-annually, not in advance.
Tools & Videos
See our latest demos and videos.
It's easy to achieve your goals.
Start saving with Scotia Total Equity Plan
Calculate your savings today.