National Bank Mortgage
Although National Bank of Canada mortgage offers a couple of unique mortgage products, National Bank mortgage may or may not be the ideal lender for you or your situation. National Bank mortgage rates seldom earn the top spot for being the most aggressive.
If you are interested in a National Bank mortgage product or would like to compare other products to National Bank mortgage rates, please call today or apply online.
Use our mortgage calculator to give you an idea of how much you can afford.
Self Employed Borrowers
National Bank mortgage offers mortgages to small business and self employed borrowers with low documentation requirements. Depending on the credit rating of the borrow, as little as a recent notice of assessment showing no taxes owing and 2 years of proof of business can obtain a purchase mortgage loan up to 95% of the value of the home. Up to 85% for refinances.
Split Your Mortgage Between Different Terms, Periods and Rates
National Bank mortgage allows you to divide your mortgage loan into any number of portions, each with its own rate, term, payment frequency and amortization period.
Other National Bank Mortgage Products Available
- High ratio mortgages – up to 95% loan to value
- Rural mortgage
- Home equity line of credit
- Up to 35 year amortization
National Bank Of Canada Mortgage Terms Available
| Fixed Rate: | 3, 6 month, 1, 2, 3, 4, 5 , 6, 7 + 10 year fixed |
| Variable Rate: | 5 year |
| Convertible: | n/a |
| Closed: | 3, 6 month, 1, 2, 3, 4, 5 , 6, 7 + 10 year fixed |
| Open: | 6 month fixed rate 1 year fixed rate |
National Bank Mortgage Payment Options
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Weekly
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Biweekly (accelerated)
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Semi-monthly
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Monthly
National Bank Mortgage Pre-payment Options
- Double your payments.
- Pre-pay up to 15% each year on the original balance of your mortgage without penalty.