PROMOTION

Mortgage loans

Get up to $3,000 cashback*

Apply now

Make an appointment

Overview of the offer

Get

 

$3,000

Cashback with a loan of $750,000 or more*

$2,500

Cashback with a loan between $500,000 and $749,999*

$1,500

Cashback with a loan between $250,000 and $499,999*

$1,000

Cashback with a loan between $100,000 and $249,999*


Offer valid for a limited time. Commitment of 3 years minimum*.

Build your mortgage offer 

Get up to $5,800* cashback by transferring your mortgage and adding eligible products and services to your mortgage loan.

Discover the offer

* For a limited time. Please refer to the terms and conditions of each promotion.

Illustration of a house with a crane installing a roof.

What step are you at?

 

Starting to look around?

Lock in preferred rates for a mortgage loan.

Get pre-approved

Ready to buy?

Get financial to realize your project.

Apply for a loan

Prefer to speak to an expert?

Contact an advisor & receive tailored solutions to your questions.

Make an appointment

Compare the 3 types of mortgage loans

Here are the three types of loans available to you: fixed rate, variable rate, and made-to-measure. What's the best mortgage rate for you? It all depends on your risk tolerance. 

 

With fixed rate

With variable rate

Made-to-measure 
What is it?

Your interest rate remains the same for the entire term.

Your interest rate can go up or down based on market fluctuations.

Your loan includes more than one type of product: fixed and variable.

You can add a home equity line of credit if needed. 
Ideal if you want to

Enjoy the security of equal mortgage payments.

Save on interest if rates go down.

Enjoy stable payments and
take advantage of interest rate drops to save money.
Rates

See all rates

See the fixed rates in effect** according to the different terms.

Benefit from a capped
rate that protects against rate hikes.

Consider adding a home
equity line of credit.
Terms and duration

Open
(6 months or 1 year)

  • No prepayment charge if you
    repay your loan in one shot.
  • Ideal if you plan to
    sell your home.

Closed (3 months to 10 years)

  • Prepayment charge if
    you repay before maturity1.
  • The rate is lower than for an open loan.

Closed
(5 years)  

  • 5-year commitment.
  • Prepayment charge if
    you repay before maturity1.
  • More advantageous rate than an open term.

Fixed rate portion: open (6 months or 1 year) or
closed (3 months to 10 years).

Variable rate portion: closed (5 years).
Repayment

Speed up your mortgage repayment without prepayment charges.
See our 4 options. 

Based on the type of
solution for your loan. Consult an advisor.


Learn more about the different types of mortgages.

Special offers on certain terms

5 year variable rate6

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Prime rate – ${p2.tauxBase|percent:"true"}****

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3 year fixed rate3

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(${p1.tac3ans|percent:"true"}** APR4)

4 year fixed rate3

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5 year fixed rate3

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Rate (%) as of ${p1.tauxDateJour|date:"-"}

Find the mortgage that’s right for you

See all rates

Explore our mortgage solutions

Home equity line of credit

Carry out new projects using the amount paid off your mortgage. 

Mortgage for the self-employed

Get financing or refinancing tailored to your situation.

pastille promo

Mortgage loan insurance

Protect yourself and your loved ones from the repayment of your mortgage in case of unforeseen circumstances.5

Get your project off to a good start 

Icon of a filled-out form


Ready to get the process started?

Make a serious offer and protect your interest rate with pre-approval.

Get pre-approval 

Icon of house with a small circle containing a check mark


Ready to buy?

Fill out our mortgage loan form, and an advisor will assist you. 

Apply for a loan

Chat bubbles icon with a question mark and the National Bank logo


Ask us your questions

Make an appointment with an advisor to discuss your project, no matter how far along you are in the process.

Make an appointment

  

Little details that matter

The promotional offer is valid until January 31, 2025. The loan must be disbursed within 90 days of receipt of the client’s application for a mortgage loan from National Bank. The mortgage loan must have a fixed or variable rate and a term of 4 years or longer at the promotional rate in effect and as announced on National Bank’s website. The loan must be for an owner-occupied residential dwelling with 1 to 4 units. There is a limit of one cashback per mortgage loan.  

Cashback up to $3,000:  

The cashback amount varies according to the mortgage loan amount.  

  • $1,000 in cashback for mortgage loans from $100,000 to $249,999  

  • $1,500 in cashback for mortgage loans from $250,000 to $499,999  

  • $2,000 in cashback for mortgage loans from $500,000 to $749,999 

  • $3,000 in cashback for mortgage loans of $750,000 or more   

If all conditions are met, the cashback will be granted within 2 days of the date the loan is disbursed. Mortgage loans are subject to credit approval by National Bank.  

 

You must maintain your mortgage loan for the duration of the term; otherwise, you will be required to reimburse a portion of the cashback received, in proportion to the term remaining.

Here are the main steps in preparing a mortgage application.

  1. Take stock of your finances to prepare for the meeting with your mortgage advisor.
  2. Get pre-approved online before or after your meeting.
  3. Gather all the documents you'll need for the financing application.
  4. Find your dream home and make an offer.
  5. Have the property appraised by a professional certified by the Bank.
  6. Once financing is approved, visit a legal professional to sign the official documents.
  7. Congratulations! You're now a homeowner.

Consult the page on preparing a loan application for more information 2. Don't forget that your mortgage advisor can help you out!

Need to access your tax information and assessments so you can complete a mortgage application? Use the Interac ® Sign-In Service—it's user-friendly, fast and secure. 

**Refers to standard rate. 

***Based on a $350,000 fixed-rate mortgage  

  • With a 5-year closed term
  • With 25-year amortization 
  • With a $5/month administration fee 
  • With a $350.00 appraisal fee. The appraisal fee may be adjusted or may not be charged as part of the assessment of your mortgage application.

**** The variation is subject to change without notice.  

 

1. Financing subject to credit approval by National Bank. Limited-time offer; rates are subject to change. Financing must be for a residential dwelling with 1 to 4 units. This mortgage offer cannot be combined with any other offer, promotion or advantage at National Bank. Employees of National Bank and its subsidiaries and entities are not eligible for this offer. National Bank reserves the right to end this offer at any time without notice. All details and conditions are available in branches.

2. The rate can be guaranteed for up to 90 days following receipt of the application.

3. Rates may differ if amortization is more than 25 years. Contact an advisor for more information.

4. APR as of ${p1.tauxDateJour|date:"-"}. APR means "Annual Percentage Rate" and represents the total interest and fees charged by the Bank, expressed as an annual percentage.

5. Certain restrictions apply.

6. The special offer on the variable rate is the base rate - spread (%) and is updated monthly. The offer may not be combined with any other National Bank offer, promotion, or benefit, other than the ones mentioned in this leaflet, and cannot be applied retroactively.
"Base Rate" means the annual interest rate that the National Bank publicly announces from time to time as the reference rate used to establish the interest rate on Canadian dollar loans made by the Bank in Canada.

"Base Rate" means the annual interest rate that the National Bank publicly announces from time to time as the reference rate used to establish the interest rate on Canadian dollar loans made by the Bank in Canada.

® Interac is a registered trademark of Interac Corp. Used under license.

7. When you open a session for the first time using Interac® Sign-In Service, you will be asked to accept the terms and conditions of use and the privacy policy. You will then be redirected to the government site where you'll already be signed in.