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.
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.
