Synergy - 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.

Simplicity CMHC Mortgage

If a big down payment isn’t in the cards for you, this mortgage could be ideal. All you need is 5% down and Canada Mortgage and Housing Corporation (CMHC) insurance, which we’re happy to arrange for you. You also get:

amortization up to 25 years
terms up to 7 years
competitive interest rates
a 20% annual prepayment option
multiple repayment options

Simplicity Mortgage

You’ve worked hard to save at least 20% to put down on your new home, so you deserve a straightforward, no-nonsense mortgage that offers you the lowest rate and most flexible terms. This is what you get with our Simplicity Mortgage, as well as:

amortization up to 25 years
terms up to 7 years
competitive interest rates (fixed or variable rates)
a 20% annual prepayment option
automatic transfers or self-service payments
multiple repayment options
the option to re-advance on the anniversary date of your mortgage

Synergy Super Mortgage CMHC

Getting a mortgage is an ideal time to build in flexible options you might need now or in the future for things like renovating or consolidating finances. Designed for home buyers starting with a down payment of less than 20%, the Super Mortgage CMHC sets you up for success from the start and makes it simple to adjust your payments to fit your needs. It also offers:

the option to pay as little as 5% down
competitive interest rates
no prepayment penalties
automatic transfers or self-service payments
multiple repayment options
multiple fixed rate options
a term of up to 25 years
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Synergy Super Mortgage

If easy access to additional funds at mortgage rates sounds good to you, consider our Super Mortgage. Once your pre-approved limit is set, you can request funds by phone, email or in-person and use them to make non-mortgage purchases at mortgage rates. You can also split your credit limit into five sub-loans to help you manage where the money is being used. You also get:

fixed or variable terms on your mortgage or sub-loans
competitive interest rates
20% annual prepayment option on a fixed term
no prepayment penalty on variable rate loans
choice of blended (principal plus interest) or interest-only payment option
multiple repayment options
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Synergy Open Mortgage

If you want to pay off your mortgage as quickly as possible, our Open Mortgage could work well for you. With no maximum limits on the amount you pay and no prepayment penalties, this product can get you mortgage free faster. If at any point you’d like to convert it to a different Synergy mortgage product, it’s simple to do. With the Open Mortgage, you also get:

down payment options that start at 5%
competitive interest rates
1-year fixed rate term OR 3-year variable rate term
automatic transfers or self-service payments
multiple repayment options
a term of up to 25 years
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CMHC's role in purchasing your home

Planning to buy a home can be one of the most exciting times in people’s lives and understanding the role of CMHC can help you better prepare.

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Personal Construction Mortgage

If you’re planning on building or purchasing a ready-to-move (RTM) home, our Personal Construction Mortgage flexes to your needs as they arise during each phase of your build, advancing a percentage of funds as inspections are approved. When your dream home is finished, you can switch to a Synergy mortgage with amortizations of up to 25 years. It also offers you:

interest-only monthly payments during the construction period (up to one year)
the option to pay as little as 5% down
competitive interest rates
automatic transfers or self-service payment
multiple repayment options
ProfitShares rewards

daughter running to dad for a hug while mom is standing on the porch in the background

Mortgage Switch Program

Ready to move? Are you looking at different mortgage options? We will pay up to $1,500 of the fees associated with moving your mortgage.

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What to bring to your appointment

pay stubs for the past 3 months
a letter from your employer verifying position and pay OR
your most recent Notice of Assessment
your employer's legal address
current list of assets with approximate amount or value of the assets
current list of liabilities, including:
- current balance
- payment amount
- authorized limit for credit card or line of credit, if applicable
direct deposit information

Take the Major Purchase Assessment

Thinking about making a major purchase? Want to ensure you're prepared financially to move forward with your decision?

HOW MUCH DO YOU NEED TO SAVE?

Benefits of connecting with an expert

Whether you’re applying for your first mortgage, renewing, switching or refinancing, our mortgage team can help. As local experts, they understand the unique challenges of buying and owning a home in your community and will work hard to help you get the mortgage product you need.

MEET YOUR EXPERTS

PERSONAL MORTGAGES