Get the benefits of a Mainstreet Mortgage
with a downpayment of less than 20%

With a high ratio mortgage, you can buy a home even if you don’t have 20% to put down. All of the same great benefits of a Mainstreet mortgage, without the large down payment.

Choose a fixed or variable rate

5 Year Fixed
High Ratio
5 Year Variable
High Ratio

All high ratio mortgages require mortgage default insurance.
High ratio mortgages are not available for purchase prices of over $1 million.

Book an appointment today

Meet with an advisor to find out how a Mainstreet mortgage can work for you!

Get more with a Mainstreet mortgage

Mainstreet mortgages can be customized to you and your unique needs.

  • a great rate

    Apply and lock-in a great rate for 90 days! If the rate lowers during that time you automatically get the better rate!
  • a dedicated advisor

    Have a Mainstreet advisor available to walk you through all the steps, provide advice, and easy to reach for any of your questions along the way.
  • mortgage types & flexibility

    Mainstreet mortgages have built in flexibility. Switch your variable rate to fixed rate mortgage at any time. Planning to move or make other life changes? Speak to your advisor about porting your mortgage and other available options to fit your needs.
  • flexible payments

    Payment flexibility. Maybe you'll go with smaller payments weekly, or the full amount once per month (or something in-between). There are also options for the overall length of time you'll take to pay your mortgage off (amortization period).
  • a free chequing account

    Choose from a selection of free chequing accounts, with a mortgage, or any combined business at Mainstreet, of over $100,000.
  • pre-payment options

    Get mortgage-free sooner, and save money, with Mainstreet's generous pre-payment options. Pay up to 20% of the original principal of your mortgage each year and increase your regular payment amount.

Experience cooperative banking that is
Invested in you.