Variable Rate

Variable Rate Open Mortgage
Our Variable Rate Open Mortgage is completely open with totally flexible repayment options. Make lump sum payments or repay in full at any time with no penalties, and get an amortization of up to 25 years.

Variable Rate Closed Mortgage (RMR Closed)

Our RMR Closed offers you our best rate. Closed for 5 years, we offer up to a 25 year amortization. You can repay up to 20% of the original principal amount of the mortgage (non-cumulative) without notice or bonus annually without penalty. Some restrictions apply. See us for details.

Variable Rate Capped Mortgage
Our Variable Rate Capped Mortgage offers you all the advantages of low variable interest rates with the comfort of knowing there’s a ceiling on the rate you pay. For a 3 or 5-year term, the variable interest rate you pay will float, but will not exceed a pre-set maximum capped rate. Your payment remains the same, but when rates are lower, more of your payment is applied towards the principal. The Variable Rate Capped Mortgage also offers prepayment flexibility up to 20% of the original principal amount of the mortgage (non-cumulative) without notice or bonus annually without penalty. Some restrictions apply. See us for details.

Click here it see all our variable mortgage rates.