Ask a Mortgage Expert

11 million Canadians have compared and saved

1-866-462-4779

Offered By

Tangerine

Offered Rate

2.89%

5 Year Fixed Closed

Monthly Payment: $1,333

Monthly Prepayment Amount you can pre/overpay on regular mortgage payment without penalty.: 0%

Annual Prepayment Principal amount you can pay off once annually without penalty.: 25%

Rate Hold The length of time that a lender will guarantee a rate once you get a pre-approval. If you’re shopping for a home, with a rate hold you don’t need to rush your new home purchase just because you’re afraid rates are going up.: 120 days

You might also want to compare ...

2.75%

Offered By

Tangerine

Offered Rate

2.89%

5 Year Fixed Closed

Monthly Payment: $1,333

Monthly Prepayment Amount you can pre/overpay on regular mortgage payment without penalty.: 0%

Annual Prepayment Principal amount you can pay off once annually without penalty.: 25%

Rate Hold The length of time that a lender will guarantee a rate once you get a pre-approval. If you’re shopping for a home, with a rate hold you don’t need to rush your new home purchase just because you’re afraid rates are going up.: 120 days

About Tangerine

Tangerine Bank (more commonly known as Tangerine, and previously as ING), is a Canadian direct banking subsidiary of Scotiabank. Tangerine offers savings accounts, Tax-Free Savings Accounts (TFSAs), no fee chequing accounts, and other personal finance products. Along with PC Financial, Tangerine is often touted as having the best customer service in the Canadian banking industry.

Additional Details

Payment Holidays Whether the borrower can make no mortgage payments for a period of time without penalty.

Portable AKA transferrable. Allows you to transfer mortgage from current property to another.

Note: Mortgage Rates listed are subject to change at any time and do not constitute financial advice. Please contact the supplier for more details.