Mortgage Options

Features

  • Available for residential, agricultural or commercial properties
  • Variable rate mortgages offer the advantage of prepayment at any time without penalty
  • Fixed rate mortgages are available with terms from 1 to 5 years with pre-payment privileges that are superior to industry standards
  • Competitive interest rates
  • Repayments are structured to meet your needs, they can be set up for weekly, bi-weekly, semi-monthly, monthly, etc
  • Commercial and Agricultural mortgages can also be paid Quarterly, Semi-annually or Annually
  • Automatic payments from your Catalyst Credit Union account can be set up or electronic debits from another financial institution
  • Mortgage insurance available
  • CMHC insured mortgages are also available for up to 95% of the purchase price of the residential property
  • Amortization periods up to 25 years
  • For more information about mortgages click on the following link Facts About Mortgages

Rates

Residential Mortgages
1 Year2.50%
2 Year3.00%
3 Year2.99%
4 Year3.25%
5 Year3.50%
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