Variable Mortgages

Our variable-rate mortgages suit those who are comfortable with an interest rate that moves with changes in the Prime rate.


  • Finance up to 95% of the value of your home purchase (additional insurance premiums apply to variable-rate mortgages greater than 80% of the value of your home)
  • Access up to 80% of the equity in your current home
  • Interest rate fluctuates with Prime


  • Choose to make higher payments so that even if rates rise your payment amount doesn’t have to
  • If interest rates drop, more of your payment goes towards principle; and if rates rise, more of your payment goes to interest
  • Convert to a fixed rate at any time during the loan term without penalty