Refinancing your mortgage

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.

TM All-In-One is a trademark of National Bank of Canada.

1. Subject to credit approval by National Bank of Canada. Certain conditions apply.

2. National Bank offers revolving mortgages. Certain conditions apply when funds are used by holders of a loan insured by the Canada Mortgage and Housing Corporation (CMHC), Sagen^TM (formerly known as Genworth) or Canada Guaranty^TM. A revolving mortgage cannot be used to finance more than 80% of the value of the home.

^TM Sagen is a trademark of Genworth Financial Canada, the mortgage insurance company.

^TM Canada Guaranty is a trademark of Canada Guaranty Mortgage Insurance Company.