Mortgages

Once we found the property that felt like home to us, Northern Birch was there to help us through the many different steps it takes to purchase a home, from making an offer to sorting through the closing documents. We couldn’t be happier with our new home.
Members Matt & Becca

Residential Mortgage Rate Specials
Rates are subject to change at any time without notice. For the latest rates, please contact our branches directly.

List of rates for FIXED RATE MORTGAGE SPECIALS
FIXED RATE MORTGAGE SPECIALS	Rate
1 Year Closed	5.49
2 Year Closed	4.79
3 Year Closed	4.39
4 Year Closed	4.49
5 Year Closed	4.54
High-Ratio Insured 5 Year Closed	3.99

*Some conditions may apply. All rates are based on approved credit. Rates subject to change at any time without notice. Contact us for for the latest rates or for more information.

- APPLY NOW -

Get up to $3,500 CASH BACK with our current mortgage promotion*

Available for a limited time on select terms only.

LEARN MORE

Discover the benefits of a Northern Birch mortgage:

Pre-approvals available
Legal fees reimbursed by the credit union (up to $650)*
Appraisal fees paid by the credit union (up to $550)*
No-fee chequing and savings accounts

*View offer Terms and Conditions

You're not just another number to us. Our members are our owners, we put you first.

We offer various mortgage terms and specials
Our team is here to help walk you through the approval process
Looking for a different type of property? We are your co-op and co-ownership experts.

Energy Efficient Home Savings

Our partners CMHC & Sagen offer rebates when you purchase an eco-friendly home. Talk to us to learn more.

Contact us

Find the perfect mortgage for your perfect home

We'll help you finance your dream home with our great mortgage rates and expert advice at every stage of your homebuying journey.

Call us today to speak to a member of our Lending team (416)922-2551, Option 3, or email us at lending@northernbirchcu.com.

First-Time Borrower Mortgage

Overview

We have special offers for First-Time Borrowers with Northern Birch. Perfect for buying your first home.

Key Features

Special rates available with 130 day rate guarantee
Pre-approvals available
Fixed or variable rates
No minimum square footage requirements
Conventional mortgages available up to 80% and high ratio insured available up to 95%
Home-Buyers' Plans qualify

APPLY NOW

Residential Mortgage

Overview

Offering you various options to fit your home-buying needs.

Key Features

1st and 2nd mortgages
Open or closed term mortgages
Fixed or variable rates
Pre-approvals available
Optional mortgage insurance
Conventional mortgages available up to 80% and high ratio insured available up to 95%
For owner-occupied properties

APPLY NOW

Simple-Interest Mortgage

Overview

Pay down your mortage faster with our Simple-Interest Mortgages.

Key Features

Fixed monthly payments of principal allowing for a faster repayment of principal over the life of the mortgage
Monthly payments typically go down each month as interest costs decrease
Achieve savings up to 30% of total interest costs over the life of your mortgage

APPLY NOW

Recreational / Investment Property Mortgage

Overview

Perfect for cottage or rental properties.

Key Features

Pre-approvals available
Financing up to 80% for investment properties and up to 75% for recreational properties
Includes properties that are not on municipal services
Cottages, 2nd homes, rental properties and more
For properties up to 4 units

APPLY NOW