4% CashBack can add up to a lot of renovations, furniture or appliances, or just a lot of money in your account!Simply take out a five-year, fixed-rate residential mortgage with us, and we will give you cash in an amount equal to 4% of the mortgage principal, up front. The money is yours to spend any way you choose . The larger your mortgage, the greater your 4% CashBack reward. | Your Mortgage | Your 4% CashBack |
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| $100,000 | $4,000 |
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| $150,000 | $6,000 |
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| $200,000 | $8,000 |
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| $250,000 | $10,000 |
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| $300,000 | $12,000 |
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Pay down your principal and saveThe 4% CashBack Mortgage is great for first-time home buyers or current homeowners looking to trade up. You can even use your 4% CashBack to pay down your mortgage. | Term | Five years |
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| Interest Rate | Fixed for the full term |
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| Financing Available | Conventional and high ratio |
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| Payment Options | Weekly, biweekly, semi-monthly, monthly |
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| Rapid Paydown | Payments can be increased by up to 100% over the term without charge |
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| Prepayment Option | Up to 15% each year |
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