Financial flexibility built into your mortgage

When you’re house hunting or looking to refinance, it’s easy to get caught up in the "lowest rate" race. But there is so much more to a mortgage.

That's why we’ve introduced the Northern Birch Flex Mortgage to give you more control and flexibility to adapt as life changes while still moving confidently toward your financial goals. 

What is a Flex Mortgage?

Unlike a standard "cookie-cutter" mortgage, the Northern Birch Flex Mortgage is a collateral mortgage. This means we register a single charge against your property that allows you to link multiple borrowing types—like term mortgages and Home Equity Lines of Credit (HELOCs)—to one security.

Three reasons to consider the Northern Birch Flex Mortgage:

• One-time legal fee: Because the charge is registered as a collateral mortgage, you pay for legal setup costs one time. If you want to re-borrow in the future, you won't have to pay to re-register the mortgage.
• Tap into equity easily and without procuring a new loan: Whether you're planning a renovation, funding education, or reaching other financial goals, our Northern Birch Flex Mortgage enables you to access your home’s equity easily as your needs change.
• Customized borrowing: You can mix and match. Want a portion of your mortgage at a fixed rate for stability and another portion as a variable rate or HELOC for flexibility? The Northern Birch Flex Mortgage allows multiple borrowing options under one roof.

Is a Northern Birch Flex Mortgage the right fit for you?

The Northern Birch Flex Mortgage is an ideal solution for:

• Homebuyers with 20% down:If you have a conventional down payment, this product offers long-term versatility.
• Refinancers:If you're looking to consolidate debt or unlock equity for any purpose.
• Mortgage Transfers:Homeowners currently with another bank who want lower long-term fees and a lender who reinvests in its members.

Ready to experience the Northern Birch advantage?

Choose Northern Birch for your mortgage and experience banking that's built on relationships. We take the time to understand your unique situation, match you with the right solution, and support you every step of the way. Whether you’re looking at houses, condominiums, or our specialty such as co-ops and co-ownerships, our mortgage specialists are here to work with you.