You’ve found your dream home now own it sooner with a great mortgage. A Mainstreet mortgage offers a low mortgage rate and incredible perks like generous pre-payment options, plenty of payment frequency choices, and a *free chequing account.
Features
- Pay up to 20% of the original principal of your mortgage each year and at any time you want!
- Double up any of your regular mortgage withdrawals
- Switch from a variable rate mortgage to a fixed rate at any time
- Free chequing account
- Go paperless - view your statements online
- Budgeting and spending analysis through our signature Personal Financial Management - Free and ready to use!
Featured Rates
*Rate subject to change on approved credit (O.A.C). Limited time offer.
Own your home sooner
Pay up to 20% of the original principal of your mortgage each year and at any time you want – no waiting for the mortgage anniversary date!
Double up any of your regular mortgage withdrawals (for example- if your normal mortgage payment is $500 you can let us know you want to increase that payment by any amount up to another $500. See how prepayments can really make a difference in owning your home sooner by using our mortgage payment calculator tool).
Flexible payment frequency
You decide when you want to pay your mortgage each month- smaller payments weekly or the full amount once per month- it’s your call.
*Savings tip- choosing weekly or bi-weekly options can save you money over time! Talk to us to learn more!
Rates Change. Life Changes.
If you are in a variable rate mortgage you can decide to switch into a fixed rate product at Mainstreet at any time! If your needs change, you want to move, your family expands and you need more space- talk to us! There are lots of options from blending your existing mortgage into another Mainstreet product, taking advantage of a new mortgage offer, or bringing your existing mortgage with you to your next home- we’ll learn more about your needs and recommend the best approach customized for you.
Free Chequing Account
With a mortgage (or any combined business at Mainstreet of over $100,000) you can receive a Complete, E-ssential, or Light chequing account package monthly for free!
Fill out our quick and easy mortgage contact form and we’ll connect with you to chat further Mortgage Application Form - accordion to open form.
Fixed or Variable Rate?
Don’t worry we can help you in determining which is the right one for you.
Interest Rate
Fixed - Locked in for the full term of the mortgage
Variable - It fluctuates based on the market
Payments
Fixed - Set in advance for the term - your payments remain the same
Variable - It fluctuates based on the market
Open or closed mortgage
Can be either - Open mortgages can be paid off at any time. Closed mortgages can usually be paid off prior to maturity but fees apply.
The mortgage experience can be tough as a young couple, Mainstreet was good at making things effortless for us, plus we found a financial advisor who really worked with us on our future plans and helped us move from our starter condo to our dream home.
Mortgage Contact Request
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