Offer available for mortgage loans for new purchase, or mortgage loans that are transferred to NBCU from another financial institution. Mortgage loans must be funded within 130 days of application date.
Mortgage loan must have a principal amount of $100,000 or more and be a term of 4 years or more (variable closed or fixed). Qualifying member must set up auto-deposit of a portion or all their pay cheque to an NBCU chequing account (minimum to cover the mortgage payment).
Qualifying members will receive the applicable cashback amount, plus reimbursement of eligible appraisal (up to $500).
Cashback amounts:
Your mortgage value is $100,000 - $299,999.99 = $1000
Your mortgage value is $300,000 - $499,999.99 = $1500
Your mortgage value is $500,000 – $749,999.99 = $2000
Your mortgage value is $750,000 - $999,999.99 = $2500
Your mortgage value is $1,000,000+ = $3000
Funds will be deposited to your account within 4 weeks after the mortgage fund date.
Other conditions may apply. Offer subject to credit approval and may be changed or withdrawn at any time, without notice. Eligible on owner occupied properties only.