Build your mortgage offer

Take advantage of our mortgage solutions and you could earn up to $7,800* cashback

*Maximum amount by combining eligible mortgage offers and mortgage insurance offers with the opening of a chequing account. Offers are valid until November 4, 2025.
See terms and conditions for details of each promotion.

On this page

First-time homebuyer | Buying a property | Switch your mortgage | Refinancing your mortgage

Find the right mortgage offer for you

Up to $7,800* cashback

First-time homebuyer

Purchasing your first home is a great milestone. You could get up to $7,800* cashback when you combine the following offers:

Buying a property (up to $3,500 cashback)

First-time homebuyer, with a mortgage that is insured and amortized over 30 years (up to $2,750 cashback)

Mortgage loan insurance on a new mortgage (up to $1,000 cashback)

Open a chequing account (up to $550 cashback)

Make an appointment

*Maximum amount when combining first-time homebuyer, buying a property, mortgage insurance and chequing account offers. Promotions valid until November 4, 2025. See terms and conditions of each promotion for details.

Up to $5,050* cashback

Buying a property

You could get up to $5,050* in cashback when you combine the following offers:

Buying a property (up to $3,500 cashback)

Mortgage loan insurance on a new mortgage (up to $1,000 cashback)

Open a chequing account (up to $550 cashback)

Make an appointment

*Maximum amount when combining buying a property, mortgage insurance and chequing account offers. Promotions valid until November 4, 2025. See terms and conditions of each promotion for details.

Up to $5,550* cashback

Switch your mortgage

Want to cover some of the costs related to your mortgage transfer? You could earn up to $5,550* cashback when you combine the following offers:

Switch your mortgage (up to $4,000 cashback)

Mortgage loan insurance on a new mortgage (up to $1,000 cashback)

Open a chequing account (up to $550 cashback)

Make an appointment

*Maximum amount when combining switch your mortgage, mortgage insurance and chequing account offers. Promotions valid until November 4, 2025. See terms and conditions of each promotion for details.

Up to $4,050* cashback

Illustration of a house and a paint roller

Refinancing your mortgage

Do you want to renovate your home or any other home project? You could earn up to $4,050* in cashback when you combine the following offers:

Refinancing your mortgage (up to $3,500 cashback)

Open a chequing account (up to $550 cashback)

Make an appointment

*Maximum amount when combining refinancing your mortgage and chequing account offers. Promotions valid until November 4, 2025. See terms and conditions of each promotion for details.

Exclusive offer

Even more benefits for energy-efficient homes

Thinking of buying a low-emission home by October 31, 2025? Good news: you could save even more!

People interested in buying an energy-efficient property with an insured mortgage are eligible for a 25% cashback on mortgage insurance premiums.

National Bank exclusively offers 25% in additional cashback on the premium paid to the mortgage insurer, up to a maximum of $5,000. 

All you need to do is present proof of payment from one of our insurers, and you'll receive your cashback directly in your chequing account.

Discover our rate offers for different mortgage terms

Duration	Interest rate	Prime rate	APR³
5-year variable rate²	4.45%	0.50% **	4.49% **
3-year fixed rate¹	4.44%	-	4.48% ***
4-year fixed rate¹	4.44%	-	4.48% ***
5-year fixed rate¹	4.39%	-	4.43% ***

Find the right mortgage for you

See all rates

Rate (%) as of 04-28-2025

Future homeowners, we’re here to help

Buying a home is so much more than just a mortgage. That's why we’re here to support you throughout the whole process of the purchase. Our personalized advice and tools are designed to meet your needs:

Got important purchases coming up? Our credit cards can be used to pay for certain expenses^₄.
To deal with the unexpected and protect yourself in the event of overdrafts, a line of credit may be right for you^₄.
To help you better anticipate tax payments, a systematic savings plan can be a practical solution.

Check out more tools

Little details that matter

Promotion period

February 3, 2025–November 4, 2025.

Eligibility conditions for cashback:

During the promotion period, you must obtain mortgage loan approval from National Bank for a closed 4-year term or more at a fixed rate or for a closed 5-year term at a variable rate ("mortgage loan").
You must have mortgage loan insurance with a high loan-to-value ratio (required for purchases with a down payment of less than 20%) offered by CMHC, Sagen or Canada Guaranty.
You must meet all eligibility requirements for mortgage loan insurance set out by the Government of Canada. It is your responsibility to ensure that all applicable conditions are met.
The mortgage loan amortization period must be 30 years.
You must be a first-time home buyer (see definition below).^[i]
The mortgage loan must be for a residential property with a purchase price of less than $1.5 million.
The mortgage loan must be for an owner-occupied residential dwelling with 1 to 4 units.
The mortgage loan amount must be $100,000 or more.
You must have a personal chequing account with National Bank, from which the pre-authorized mortgage payments will be debited.

Up to $2,750 cashback

The cashback as part of the promotion is equivalent to 0.20% of the amount of the insured loan (including the insurer's premium). Therefore, the cashback amount varies according to the insured mortgage loan amount: For example:

$200 cashback for insured mortgage loans of $100,000 ($100,000 x 0.20%)
$600 cashback for insured mortgage loans of $300,000 ($300,000 x 0.20%)
$800 cashback for insured mortgage loans of $400,000 ($400,000 x 0.20%)
$1,000 in cashback for mortgage loans of $500,000 ($500,000 x 0.20%)
$2,750 cashback for insured mortgage loans of no more than$1,375,000 ($1,375,000 x 0.20%)

If all conditions are met, the cashback will be granted within 2 days of the mortgage loan being disbursed. It will be deposited to the chequing account from which the mortgage payments are debited.

Other conditions

Mortgage loans are subject to credit approval by National Bank.
There is a limit of just one cashback per mortgage loan as part of this promotion, regardless of the number of co-borrowers.
This promotion cannot be combined with any other mortgage loan cashback offers, except for the mortgage loan insurance promotion (disability, critical illness and life) and the “buying a property” promotion. This promotion can also be combined with the “opening a chequing account” promotion.
This promotion is not retroactive.
You must maintain your mortgage loan for the entire duration of the term. In the following cases, you must repay a portion of the cashback in proportion to the term that still remains: loan prepayment, renegotiation, refinancing, or mortgage loan transfer.
This promotion may be modified or withdrawn without prior notice.

[i] To be considered a first-time home buyer, the borrower must meet one of the following criteria:

Has never bought a property before

Has not occupied a dwelling in the past 4 years as their principal place of residence that they or their spouse or common-law partner owned

Has recently experienced the end of a marriage or common-law partnership. In this regard, the conditions will be the same one as those of the Canada Revenue Agency with respect to the Home Buyers' Plan.

Promotion period 

February 3, 2025–November 4, 2025.

Eligibility conditions for cashback:

During the promotion period, you must obtain mortgage loan approval from National Bank for a closed 4-year term or more at a fixed rate or for a closed 5-year term at a variable rate ("mortgage loan").
The mortgage loan amount must be $100,000 or more.
The mortgage loan must be for an owner-occupied residential dwelling with 1 to 4 units.
You must have a personal chequing account with National Bank, from which the pre-authorized mortgage payments will be debited.
Applicable to the portion of the mortgage loan integrated into the All-in-One to the extent that it respects the other conditions.

Up to $3,500 cashback  

The cashback amount varies according to the mortgage loan amount.  

$500 cashback for mortgage loans from $100,000 to $299,999.99  
$1,000 cashback for mortgage loans from $300,000 to $499,999.99  
$1,500 cashback for mortgage loans from $500,000 to $749,999.99 
$3,000 cashback for mortgage loans from $750,000 to $999,999.99
$3,500 cashback for mortgage loans of $1,000,000 or more

If all conditions are met, the cashback will be granted within 2 days of the mortgage loan being disbursed. It will be deposited to the chequing account from which the mortgage payments are debited.

Other conditions

Mortgage loans are subject to credit approval by National Bank.
There is a limit of just one cashback per mortgage loan as part of this promotion, regardless of the number of co-borrowers.
This promotion cannot be combined with any other mortgage loan cashback offers, except for the mortgage loan insurance promotion (disability, critical illness and life), the “first time homebuyer” promotion (insured loan - 30 years) and the $350 cashback offer for the reimbursement of an appraisal fee available through the privilege offer to professionals. This promotion can also be combined with the “opening a chequing account” promotion.
This promotion is not retroactive.
You must maintain your mortgage loan for the entire duration of the term. In the following cases, you must repay a portion of the cashback in proportion to the term that still remains: loan prepayment, renegotiation, refinancing, or mortgage loan transfer.
This promotion may be modified or withdrawn without prior notice.

The promotional offer is valid until November 4, 2025.

This offer applies to Personal Banking clients of National Bank who take out a mortgage loan of $100,000 or more during the promotional period and sign up for 3 or more types of insurance coverage (life, disability, and critical illness). The amount of the cashback varies depending on the amount of coverage taken out by the borrower and their co-borrowers, if applicable, and the amount of the loan covered by life insurance. The client must sign up for mortgage loan insurance when the loan is granted or, at the latest, when the loan is disbursed. The mortgage loan insurance application must be signed during the promotional period.

This offer applies to a new purchase, external refinancing, or mortgage transfer. Mortgage renewals, internal refinancing, and mortgage renegotiations are excluded from the offer. Financing must be for a residential dwelling with 1 to 6 units.

The cashback amount can be up to $1,000.

Amount covered by life insurance from $100,000 to $399,999.99

Number of types of coverage	Total cashback
3 types of coverage	$200
4 types of coverage	$400
5+ types of coverage	$600

Amount covered by life insurance of $400,000.00 and more

Number of types of coverage	Total cashback
3 types of coverage	$400
4 types of coverage	$800
5+ types of coverage	$1000

If all conditions are met:

· The first half of the cashback will be awarded during the month following the loan disbursement.

· The remaining half of the cashback will be awarded no later than 6 months after the loan disbursement.

The cashback will be deposited in two (2) portions to the transaction account from which mortgage payments are collected, within 30 days of the conditions being met. No insurance claim must have been accepted for your loan within the first 6 months of disbursement for all insured persons under the agreement. To benefit from the full cashback, the client must keep all the coverage to which they subscribed at disbursement for 6 months after the loan is disbursed and must be up to date with their mortgage payments.

The offer may be modified, extended, or withdrawn without prior notice at any time. 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. There is a limit of only one cashback per eligible mortgage for the duration of the promotion, regardless of the number of co-borrowers. Clients cannot benefit from the offer more than once.

Promotion period:

April 1 to November 4, 2025

Description of the promotion

Up to $550 cashback after opening a chequing account and adding certain services or carrying out certain transactions and signing up for a new eligible credit card. See the conditions below.

Eligibility conditions

PRODUCTS, SERVICES OR TRANSACTIONS	CONDITIONS	CASHBACK
New National Bank^®chequing account and signing up for an eligible package/exclusive offer,online services and activating an automatic deposit	1) Open a chequing account, sign up for The Connected^® or The Total^® package or the exclusive offer for newcomers or professionals, with the help of an advisor during the promotion. Keep this package or this offer for at least 120 after the chequing account is opened. 2) Be the main holder of the account. 3) Sign up for online banking and online bank and tax statements within 120 days of opening the account. 4) Activate the automatic deposit of your eligible salary or pension in your new chequing account at least once a month for a minimum of 2 consecutive months. This deposit must continue uninterrupted until at least the 120th day after the new chequing account is opened. Automated deposits eligible for the promotion are: Salary QPIP benefits (Québec Parental Insurance Plan) Private pension plans Government pension plans (provincial or federal) Old Age Security (OAS) War Veterans Allowance Employment insurance benefits CNESST indemnities 5) You must not have had a National Bank chequing account (single or joint) in the past 24 months. All those conditions must be met to receive the following additional amounts.	$300 (Basic cashback
Signing up for a new eligible credit card	1) Sign up for an eligible credit card (National Bank Platinum, World or World Elite^® Mastercard^®) within 120 days of opening the chequing account. 2) Make at least one online payment (e.g., minimum payment) for your new credit card from your new chequing account within 120 days of opening the chequing account. 3) Be the primary cardholder of the credit card. 4) You must not have had or used a National Bank credit card in the past 24 months.	An additional $100
Automatic mortgage loan payments	1) Set up an automatic and recurring payment from the new chequing account for a National Bank mortgage loan within 120 days of opening the chequing account. The payment can't be made to an All-In-One^® mortgage line of credit	An additional $100
New systematic savings	1) Set up a systematic savings plan for a minimum of $50 a month to an eligible investment product distributed by National Bank, within 120 days of opening the new chequing account. Eligible investment products are mutual funds or the Cash Advantage solution opened with National Bank and not one of its subsidiaries or divisions (e.g., National Bank Financial, National Bank Direct Brokerage, etc.). 2) Make systematic savings transfers from the new chequing account for at least 2 consecutive months and keep them uninterrupted at least until the 120th day after the new chequing account is opened. 3) Be the main holder of an investment product. 4) Have not set up a National Bank systematic savings plan within the past 24 months.	An additional $50
	Total cashback if allconditions are met	$550

When will the cashback be paid to your chequing account

The total cashback to which you are entitled will be deposited to your new chequing account no later than 180 days after the account is opened.

Other conditions :

You can receive only one cashback for this chequing account.
You must be at least 14 years old when you open the new chequing account.
You need to keep the new chequing account and the new eligible credit card (if applicable) for at least 12 months starting when the account is opened. If you don't meet this condition, you'll have to reimburse a portion of the cashback for the product you didn't maintain corresponding to the period remaining.
You must keep your chequing account in good standing for 120 days after the account is opened by complying with the conditions set out in the Deposit Account Agreement. For example, you need to pay the monthly fees of the chequing account when applicable.
Keep the account in good standing by complying with the conditions set out in the Credit card agreement. For example, all minimum payments must be made on time.
The new eligible credit card (if applicable) is granted subject to credit approval from National Bank. You must be 18 years old when you sign up for the new card. Other conditions apply to the issue of the card.
You must not be employed by National Bank or one of its subsidiaries.
This promotion may be modified or withdrawn without prior notice.
This promotion can't be combined with any other promotion applicable to eligible chequing accounts, an exclusive offer or banking packages. However, it can be combined with another eligible National Bank credit card, mortgage loan or investment promotion.

Promotion period 

February 3, 2025–November 4, 2025.

Eligibility conditions for cashback:

During the promotion period, you must obtain mortgage loan approval from National Bank in order to transfer your mortgage from another financial institution to National Bank ("transferred mortgage").
The amount of the transferred mortgage loan must be $100,000 of more for a closed 3-year term or more at a fixed rate or for a closed 5-year term at a variable rate.
The mortgage loan must be for an owner-occupied residential dwelling with 1 to 4 units.
You must have a personal chequing account with National Bank, from which the pre-authorized mortgage payments will be debited.
Applicable to the portion of the mortgage loan integrated into the All-in-One to the extent that it respects the other conditions.

Up to $4,000 cashback  

The cashback amount varies according to the total mortgage loan amount (the amount of the transferred mortgage loan plus the additional mortgage loan amount granted at the same time, if applicable).  

$1,250 cashback for mortgage loans from $100,000 to $299,999.99  
$1,500 cashback for mortgage loans from $300,000 to $499,999.99  
$2,000 cashback for mortgage loans from $500,000 to $749,999.99 
$3,000 cashback for mortgage loans from $750,000 to $999,999.99
$4,000 cashback for mortgage loans of $1,000,000 or more

If all conditions are met, the cashback will be granted within 2 days of the mortgage loan being disbursed. It will be deposited to the chequing account from which the mortgage payments are debited.

Other conditions

Mortgage loans are subject to credit approval by National Bank.
There is a limit of just one cashback per mortgage loan as part of this promotion, regardless of the number of co-borrowers.
This promotion cannot be combined with any other mortgage loan cashback offers, except for the mortgage loan insurance promotion (disability, critical illness and life) and the $350 cashback offer for the reimbursement of an appraisal fee available through the privilege offer to professionals. This promotion can also be combined with the “opening a chequing account” promotion.
This promotion is not retroactive.
You must maintain your mortgage loan for the entire duration of the term. In the following cases, you must repay a portion of the cashback in proportion to the term that still remains: loan prepayment, renegotiation, refinancing, or mortgage loan transfer.
You are responsible for any costs that may arise from the transfer of your mortgage loan to National Bank, including assessment fees for your property, fees for a notary, mortgage prepayment fees (“breakage fees”), or other applicable legal and administrative fees that you may be required to pay.
This promotion may be modified or withdrawn without prior notice.

Promotion period

February 3, 2025–November 4, 2025.

Eligibility conditions for cashback:

The promotion is open to clients with a National Bank mortgage who, during the term of the promotion, get approved for additional mortgage financing of $50,000 or more, bringing the balance of their total mortgage loan to $100,000 or more (the "mortgage Loan").
The portion of the mortgage loan for the additional financing amount must be for a closed 4-year term or more at a fixed rate or for a closed 5-year term at a variable rate.
The mortgage loan must be for an owner-occupied residential dwelling with 1 to 4 units.
You must have a personal chequing account with National Bank, from which the pre-authorized mortgage payments will be debited.
Applicable to the portion of the mortgage loan integrated into the All-in-One to the extent that it respects the other conditions.

Up to $3,500 cashback  

The cashback amount varies according to the total balance of the mortgage loan:  

$500 cashback for mortgage loans from $100,000 to $299,999.99  
$1,000 cashback for mortgage loans from $300,000 to $499,999.99  
$1,500 cashback for mortgage loans from $500,000 to $749,999.99 
$3,000 cashback for mortgage loans from $750,000 to $999,999.99
$3,500 cashback for mortgage loans of $1,000,000 or more

If all conditions are met, the cashback will be granted within 2 days of the mortgage loan being disbursed. It will be deposited to the chequing account from which the mortgage payments are debited.

Other conditions

Mortgage loans are subject to credit approval by National Bank.
There is a limit of just one cashback per mortgage loan as part of this promotion, regardless of the number of co-borrowers.
This promotion cannot be combined with any other mortgage loan cashback offers, except for the $350 cashback offer for the reimbursement of an appraisal fee available through the privilege offer to professionals. This promotion can also be combined with the “opening a chequing account” promotion.
This promotion is not retroactive.
You must maintain your mortgage loan for the entire duration of the term. In the following cases, you must repay a portion of the cashback in proportion to the term that still remains: loan prepayment, renegotiation, refinancing, or mortgage loan transfer.
You are responsible for any costs that may arise from the mortgage refinancing, including assessment fees for your property, fees for a notary or legal professional, or other applicable legal and administrative fees that you may be required to pay.
The promotion is not eligible for requests where a purchase, external transfer/refinancing, or internal refinancing transaction has been disbursed in the 12 months preceding the new disbursement date
This promotion may be modified or withdrawn without prior notice.

The promotion is valid for mortgage loans disbursed between February 1 and October 31, 2024.

Mortgage loans are subject to credit approval by National Bank. To take advantage of the promotion, you must:

Have an insured and eligible mortgage loan disbursed by National Bank during the promotion period with a down payment of less than 20% (high-ratio mortgage)
Be insured and approved by an eligible loan insurer (CMHC-SAGEN-Canada Guaranty)
Ensure the property meets the energy efficiency criteria determined by the eligible insurers and provide proof the 25% refund has been received from the loan insurer
Have a National Bank account to receive the additional cashback

If all conditions are met, the cashback of 25% of the loan insurance premium will be granted within 10 days of the receipt of refund proof of the 25% repaid by the loan insurer. 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.

Conventional mortgages or All-In-Ones^® are not eligible for this promotion.

Only one cashback per mortgage loan. The cashback is not retroactive.

This energy-efficient home promotion can’t be combined with any other cashback promotion with promotional rates on a new National Bank mortgage loan. If that is the case, any cashback related to another National Bank promotion will be deducted from the amount of the energy-efficient home promotion at financing. For example, a client eligible to receive $3,500 for this promotion who has already received cashback of $500 for their mortgage financing is eligible for a maximum cashback of $3,000 for the energy-efficient home promotion.

This promotion may be modified or withdrawn without prior notice.

**Refers to standard rate.

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

With a chosen term
With a 5-year closed term
With 25-year amortization 
With a $5/month administration fee
With a $350 appraisal fee. The appraisal fee may be adjusted or may not be charged as part of the assessment of your mortgage application.

1. Rates may differ if amortization is more than 25 years. Contact an expert for more information.

2. 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.

3. APR as of 04-28-2025. APR means "Annual Percentage Rate" that represents the total interest and fees charged by National Bank, expressed as an annual percentage.

4. Subject to credit approval by National Bank.

Build your mortgage offer

Find the right mortgage offer for you

First-time homebuyer

Buying a property

Switch your mortgage

Refinancing your mortgage

Even more benefits for energy-efficient homes

Discover our rate offers for different mortgage terms

Future homeowners, we’re here to help

We’re here to help

Ask your questions

Get a mortgage pre-approval

Little details that matter

Build your mortgage offer

Find the right mortgage offer for you

First-time homebuyer

Buying a property

Switch your mortgage

Refinancing your mortgage

Even more benefits for energy-efficient homes

Discover our rate offers for different mortgage terms

Future homeowners, we’re here to help

We’re here to help

Ask your questions

Get a mortgage pre-approval

Little details that matter

Promotion up to $2,750 - First-time homebuyer - conditions and eligibility

Promotion up to $3,500 for Buying a property - conditions and eligibility

Cashback promotion of up to $1,000 for loan insurance - conditions and eligibility

Cashback promotion of up to $550 for opening a chequing account - conditions and eligibility

Promotion up to $4,000 for Switch your mortgage - conditions and eligibility

Promotion up to $3,500 for Refinancing your mortgage - conditions and eligibility

Energy efficient homes promotion

Legal disclaimers

Virtual assistant