Five Year Flex Mortgage

Five Year Flex Mortgage

The Five Year Flex Mortage is a a flexible mortgage option that allows you to pay off your mortgage quickly.

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visit a branch near you or call 604-517-0100 to get started today.


A Five Year Flex Mortgage is ideal for customers with the financial means to accelerate the processof paying off their mortgage.

Mortgage Features

  • An open mortgage that can be paid off or paid down at any time without an interest penalty*
  • Convertable to a Regular Mortgage at any time without penalty
  • No pre-payment penalties
  • Weekly and acclerated bi-weekly payment schedules
  • Life and Disability insurance is available
  • Eligible for early renewal under the Four Month Early Renewal program
  • 90-day rate guarantee
  • Can be used for revenue properties and progressive mortgages
  • Can be used with a High Ratio Mortgage

Term & Conditions

  • Maximum mortgage amortization period is 30 years
  • Interest compounds semi-annually
  • Fixed interest rate
  • Available as first mortgages only
  • Life and disability insurance available
  • Suspension of scheduled payments is not permitted

We always give you our best rate.

Westminster Savings doesn't make you guess or negotiate a mortgage rate: we always give you our best rate. See our mortgage interest rates online.


*The principal can be paid from a customers' own funds at any time without penalty. Where the payout is through a refinance from another financial institution a penalty may apply.

 
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