Mortgages

One-Year Open Mortgage

Pay a little extra, at any time

Prepay any amount of your mortgage, any time with no administration costs and no prepayment charges. And though the interest rate is fixed over the term, you have the flexibility to convert your mortgage at any time¹ without a fee.

Term	1 year
Interest Rate	Fixed for 1 year
Financing Available	Conventional and high-ratio
Payment Options	Weekly, biweekly, semi-monthly, monthly
Rapid Paydown	Payments can be increased by up to 100% over the term without charge
Prepayment Option	Full or partial prepayments on any date without charge