What is a CreditMaster® Mortgage

Looking for a mortgage that does more? You're not alone. For many, a mortgage represents the single largest investment a person can make. CreditMaster® is a different kind of mortgage. Flexible and re-advanceable, it builds your borrowing power as you pay down your mortgage and property values increase. In other words, the money you put into your mortgage today is money you can still use tomorrow. This makes CreditMaster® a powerful financial planning tool, as well as the only loan you'll ever need.

It's the ONLY loan you'll ever need

  • Open & Closed mortgages with weekly, biweekly, or monthly payment schedules
    SAVE thousands in interest by opting for a weekly or biweekly payment schedule
  • Choose rates & terms that suit you best – 1 year to 7 year terms
  • Combine fixed & variable rates
  • Stagger maturity dates
  • Our closed mortgage allows you to prepay up to 20% of the original balance each
    year AND to increase payments up to 100%.
  • Maximum 30 year amortization
  • All or a portion of your mortgage can act as a credit line with chequing account
    access. Replace highinterest rate credit cards and personal loans with a Credit
    Union CreditMaster PrimeLine and reduceyour cost of borrowing with every dollar
    you deposit.
  • Qualifies for patronage dividends – which have the potential to reduce
    your rate even further!
Current Mortgage Rates
1 Year Fixed 2.55%
3 Year Fixed 2.60%
5 Year Fixed 2.85%

Find more mortgage rates >