Northsave Mortgage

A mortgage from the north just like you.

The Northsave Mortgage is secure, flexible and easy to manage. Use your mortgage to manage a number of loans; you'll save on time and costs with our in-house service. It just might be the last loan you'll ever need.

1.50% for the first year of a 3-year fixed rate mortgage

Northsave Mortgage 3 Year Closed*
Northsave Promo - Year 1 1.50%
Northsave Promo - Year 2 3.25%
Northsave Promo - Year 3 3.25%
WAIR 2.67%

Enjoy our sweet rate, plus choose from:

  • $150 off your home insurance with Northern Savings Insurance Services Ltd.** or
  • $150 deposit into a Northern Savings' account**

Perks For First-Time Home Buyers

We understand that purchasing your first home can be a financial struggle; that's why we offer perks for first-time home buyers! Want to learn more? Contact us >

Features & Benefits

  • Lock into a fixed payment frequency of your choice
  • Finance up to 95%** of the value of your home purchase (additional insurance premiums apply to fixed-rate mortgages that are greater than 80% of the value of your home)
  • Access up to 80% of the equity in your current home
  • Prepay up to 20% annually with no penalty
  • Increase your payments up to 100% of your original payment any time during the term

    *Available for a limited time only. The Annual Percentage Rate for a representative mortgage of $200,000 which has an appraisal fee of $425 and lawyer’s fees estimated at $1200 with interest compounded semi-annually not in advance, with an interest rate of 2.67%, with a 36 month term which will be repaid in 300 months with payments of $972.33 per month, which cannot be paid out without penalty is 2.94%.

    *OAC. Rates are subject to change without notice. Rates are based on risk. Rates may be higher depending on the application and type of property selected. See your branch for more details.

    **Certain conditions apply.