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Personal Mortgages

  1. BORROW
  2. Personal Mortgages

Owning a home is a big deal, so choosing the right mortgage is as important as finding the right house. Whether you’re about to buy or are ready to renovate or refinance, we’ve got the mortgage products and friendly expertise you need to make it easier. We can also help you choose products that will improve your cash flow and protect your investment. We can help you choose a mortgage, or you can review our options then can contact us in branch, online or by phone to get the process started.

See what we have for personal mortgage products

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Buying a home can be complicated. The Synergy Home Handbook has great resources that can help you through the process.

Learn more

Begin your house search with an Online Mortgage Pre-approval

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Looking for what to bring to your appointment?

Be prepared

Personal Mortgage Products

Simplicity Insured Mortgage
Consider our Simplicity Insured Mortgage if you're working with less than a 20% down payment. Designed for flexibility in both down payments and mortgage payments, this option offers peace of mind.
  • Amortization of up to 25 years.
  • Flexible terms ranging from 1 to 7 years.
  • Competitive interest rates, available in fixed or variable options.
  • 20% annual prepayment option to expedite mortgage payoff.
  • Convenient automatic transfers or self-service payments.
  • Multiple repayment options.
Book an appointment
Simplicity Mortgage
Reward your hard work with our Simplicity Mortgage, crafted for those who've diligently saved a minimum of 20% for their dream home. Enjoy the simplicity of the lowest rates and the utmost flexibility in terms.
  • Amortization of up to 30 years.
  • Flexible terms ranging from 1 to 7 years.
  • Competitive interest rates, available in fixed or variable options.
  • 20% annual prepayment option to accelerate mortgage payoff.
  • Convenient automatic transfers or self-service payments.
  • Multiple repayment options.
  • Opportunity to re-advance on the anniversary date of your mortgage.
Book an appointment
Synergy Variable Rate Convertible Mortgage

Experience stability and flexibility with the Synergy Variable Rate Convertible Mortgage. Enjoy consistent payments throughout the term, providing financial predictability. What makes it stand out is its responsiveness to changes in our prime interest rate: when rates decrease, more payment goes towards reducing your principal, helping you build equity faster.

  • Enjoy the flexibility to switch to a Fixed Rate Mortgage* with a term of 3 years or more at no extra cost, providing security and adaptability to your changing needs.
  • A competitive variable interest rate; as interest rates decline, accelerate mortgage payoff and save on interest costs.
  • Amortization period of up to 30 years.
  • Make up to 20% in annual prepayments, accelerating mortgage payoff.
  • Choose between automatic transfers or self-service payments.
  • Multiple repayment options.

*Some conditions apply. Contact us for details.
Book an appointment
Synergy Super Mortgage

Explore the Synergy Super Mortgage – your gateway to easy access to additional funds at mortgage rates. With pre-approved limits and convenient access via phone, email, or in-person, you can use these funds for non-mortgage purchases while enjoying mortgage rates.

  • Choose between fixed or variable rates for your mortgage or sub-loans.
  • Select terms from 1 to 7 years to fit your financial needs.
  • Amortization up to 30 years.
  • Competitive rates
  • Prepayment Flexibility: Make up to 20% in annual prepayments on fixed-term loans.
  • No Prepayment Penalties: Manage your finances without worrying about penalties on variable rate loans.
  • Choose between blended or interest-only payments to suit your preferences.
  • Enjoy multiple payment options, including automatic transfers.
  • Earn ProfitShares rewards.
Book an appointment


Synergy Open Mortgage
Opt for our Synergy Open Mortgage for a faster path to mortgage freedom. With no caps on payments and zero prepayment penalties, you can accelerate your journey to being mortgage-free. Enjoy seamless conversion to other Synergy mortgage products whenever you desire.
  • Down payment options starting at just 5%.
  • Competitive interest rates.
  • Choose between a 1-year fixed rate term or a 3-year variable rate term.
  • Convenient automatic transfers or self-service payments.
  • Multiple repayment options.
  • Amortization of up to 30 years.
Book an appointment
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Not All Mortgages Are Equal

A mortgage is a major purchase, so it is important to know you have the package and lending professional that is right for you. Today’s market offers borrowers a tremendous choice of loan products and new opportunities...

Continue reading


Personal Construction Mortgage

Embarking on a home construction journey? Our Personal Construction Mortgage is tailored to seamlessly adapt to your evolving needs throughout the build process. Enjoy the flexibility of advancing funds as inspections are approved, ensuring smooth progress.

  • Monthly interest-only payments during the construction period (up to one year).
  • Option to pay as little as 5% down.
  • Amortization of up to 30 years.
  • Competitive interest rates.
  • Convenient automatic transfers or self-service payments.
  • Multiple repayment options.
Book an appointment
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Owning A Home
Discover what home ownership entails, from saving for a down payment to applying for a mortgage and ensuring you’ve got the right insurance to protect your investment. Take a deeper dive into these types of questions in our blog.
Explore more now

Personal Mortgage APR* Example

*An APR represents the total yearly cost of borrowing money, expressed as a percentage of the principal loan amount. The annual percentage rate (APR) will be the same as the stated annual interest rate (AIR), assuming there are no cost of borrowing charges (for example, appraisal fees). Applicable to residential mortgages only and subject to Credit Union lending criteria for residential properties. Some conditions apply.

Simplicity Insured Personal Mortgage

5-year rate 5.79% (+$600 appraisal fee)
APR 5.878%

MEMBER PERKS
Online Mortgage Pre-approvals

A mortgage pre-approval is a great first step in your homebuying journey. By being pre-approved, you can confidently begin your house search.

By applying for a mortgage pre-approval* at Synergy, our goal is to provide you with a TRUE approval – this is so much more than a mortgage pre-qualification.

What makes this even more convenient? We’ll be in touch with you quickly and no later than the next business day.

*Good to know:  If you are pre-approved with Synergy, it means that we have stated that you qualify for a mortgage loan based on the information you have provided and subject to certain conditions. Your mortgage pre-approval will specify a term, interest rate and principal amount. This is a helpful step, as it can give you a clearer picture of how much you may be able to afford.


How it works:

Start your online application now and receive your pre-approval amount along with a 120-day guaranteed interest rate.

If you are moving your mortgage to Synergy, make sure to ask about our Mortgage Cashback program.

If you have more questions, our mortgage specialists will be happy to assist you.



Let's get started:

We have a couple of options for you.

Apply Online

If you don’t mind entering information on a secure platform and there are two or less applicants, this is a good choice for you.
*Please note, the application cannot be saved once you have started. It's a great idea to check out the "To help you get ready" section below.
Start now

Speak to a Mortgage Specialist

If you prefer to discuss your needs with a specialist, or if there are more than two applicants, this is the best path for you.
Book an appointment

Preparing for Your Appointment

Here is information that will be required from you (and your co-applicant, if applicable) for your online pre-approval application or if you are coming into the branch to see us:

  • Basic information (date of birth, physical address, etc.)

  • Employer information,

  • Net worth statement,

  • Verification of income (two items of verification required). This includes:

    • One of:

      • last paystub, two months of direct deposit history, current letter of employment,

    • Plus, one of:

      • previous year-end paystub, most recent T4, most recent Notice of Assessment.

    • If you are self-employed or do not have these types of verification, please contact us for alternatives.

  • Down payment statement or letter stating where the funds are coming from for the down payment, as well as the length of time it has been available,

  • If you are not a Synergy member yet, two pieces of personal identification (such as your current/valid driver’s license, provincial health card, birth certificate).

If you have any questions or need further assistance, please don't hesitate to contact us at 1-866-825-3301.
READY TO GET STARTED?

Your dream home is within reach. Our financial specialists offer customized solutions, clear guidance, and competitive rates. Experience exceptional support from start to finish.

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