We've merged effective January 1, 2020 and while this website may still bear the name and logo of Westminster Savings Credit Union, we are in the process of revising all print and digital materials to bear the name of the new legal entity - Prospera Credit Union. We appreciate your patience during this transitional period.

Regular Mortgages

Fixed Rate Mortgages

Our regular home mortgage option is perfect for those with a down payment of 20% or more for a home.

Apply online

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

Our fixed rate mortgages offer great rates and flexible terms.

Mortgage Features

  • A down payment of at least 20% reduces overall borrowing costs
  • Weekly, accelerated bi-weekly and monthly borrowing schedules
  • Double up payments on any payment due date
  • 20% of original balance can be deposited with no penalty on each anniversary date
  • Interest rate is fixed during the course of the term
  • Is assumable and portable
  • 90-day rate guarantee available
  • Life and Disability insurance available

Term & Conditions

  • Requires a minimum down payment of 20%
  • Eligible security includes primary residences or revenue properties
  • Can be administered as first, second or third mortgages as long as total loans outstanding on the property does not exceed 80% of the appraised value
  • Maximum mortgage amortization period is 30 years
  • Interest compounds semi-annually
  • Suspension of scheduled payments 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.

 
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Current Rates

First Mortgages

Variable Rate

2.40%

5 Year Variable
Special Insured

2.15%

6 Month Open

7.25%

1 Year Open

6.35%

1 Year Fixed

2.59%

2 Year Fixed

2.59%

3 Year Fixed

2.59%

4 Year Fixed

2.59%

5 Year Fixed

2.59%

5 Year Fixed
Special Insured

2.34%

5 Year Great Rate

2.59%

7 Year Fixed

3.20%

10 Year Fixed

3.59%

Second Mortgages

1 Year Fixed

3.59%

2 Year Fixed

3.59%

3 Year Fixed

3.59%

Third Mortgages

1 Year Fixed

7.09%