Personal
Borrowing
Mortgages

Mortgages

Residential Mortgage Specials

Discover the benefits of a Northern Birch mortgage:

120 Day Rate Guarantee
Pre-approvals available
Appraisals paid by the credit union (up to $500)
No fee chequing and savings accounts for everyone

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

Applicable for mortgages of $200,000 and more
Applicable for new mortgages to Northern Birch Credit Union
Some conditions may apply

5 Year Variable Closed Mortgage

We'll also cover your appraisal costs up to $500*

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5 Year Fixed High-Ratio Mortgage

We'll also cover your appraisal costs up to $500*

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5 Year Fixed Mortgage

We'll also cover your appraisal costs up to $500*

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*Some conditions may apply. All rates are based on approved credit. Talk to us for more information.

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Thank you for all of your help throughout the mortgage process! Everyone including the lawyer and our real estate agent were incredibly impressed with NBCU and the great service that you provided. For us personally, you were all amazing! This has been our first time going through this and you made sure that we knew exactly what we had to do and when.
Markus P., Toronto

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.

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 120 day rate guarantee
Pre-approvals available
Fixed or variable rates
No minimum square footage requirements
Conventional mortgages available up to 75% and high ratio insured available up to 95%
Home-Buyers' Plans qualify

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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 75% and high ratio insured available up to 95%
For owner-occupied properties

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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

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Recreational / Investment Property Mortgage

Overview

Perfect for cottage or rental properties.

Key Features

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

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Mortgages available for properties in Ontario only.

Take a look at our latest mortgage rates

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Enjoy the benefits of a Northern Birch Mortgage

Great rate, guaranteed for 120 days.
High-ratio insured mortgages available up to 95% through CMHC or Sagen Insured Mortgage qualification
Appraisals paid by the credit union for transfers and purchases of owner occupied properties.

Personalized support – Our team of mortgage experts will make sure you have tailored advice and a plan for every step of the process.
Various terms available, with variable to fixed rates.
Pay down your principle faster with our simple interest mortgages.