Mortgage cash back

Don’t let fluctuating interest rates stress you out. Now is the perfect time to lock in a great rate early by getting pre‑approved or planning ahead for your mortgage renewal by switching to Vancity.

To get started, talk to a specialist about:

In your best interest.

When it comes to your mortgage, find an interest rate that complements your financial well-being.

4.29%⁴

Eligible for cashback

4.59%⁴

Eligible for cashback

4.49%²

6.30%³

Fixed-term Homeprime mortgage

Only interested in our lowest rate?

Rates as low as 4.29%* when you pre-qualify or apply for an insured mortgage today. Terms of 3 to 5 years available. Terms & conditions apply. Cannot be combined with cashback offer.

Get it done without leaving home.

Get our pros on it

Meet a mortgage specialist over the phone.

Lock it, rock it

As an existing member, you can manage documents and signatures virtually to finish your mortgage or pre-approval application and guarantee your rate for 120 days.⁵

Earn your cash back

If you open (or already have) an e Package or Total Chequing account and ensure a qualifying direct deposit is set up, you'll earn your cash back once your mortgage is funded.¹

Receive your cash back within 60 days of Vancity confirming that you have fulfilled all criteria outlined in the terms and conditions.

Give yourself a pat on the cash back.

You can get up to $2,500 cash back on an eligible insured mortgage with a term of 3 years or more.¹

Mortgage value

First-time homebuyers¹ cashback

Eligible mortgages only¹

Other members cashback

Eligible mortgages only¹

$100,000 to $449,999

$450,000 to $749,999

Greater than or equal to $750,000

Pro tip: Get pre‑approved.

Your dream home can present itself at any moment. Getting pre-approved means:

• You'll know how much you can borrow and what your payments will look like.
• Your offer will be more competitive and sellers will feel confident you can close the deal.
• You can act fast if you need to, knowing your pre-approval is free and you are under no obligation to use it.

Why switch to Vancity?

• ‍You want to safeguard your sanity
  No one's saying switching a mortgage is simple. But it can definitely be hassle-free when you have the right support. With us, you always will.
• You want the right advice
  And money-saving tips — like how switching close to the end of the mortgage term, whether you’re six months or just one month out, can help you avoid (or reduce) a mortgage prepayment penalty from your current lender.
• You want what’s best for you and the planet
  30% of our profits go back into the community and fund initiatives that help build a clean and fair world.

Make your move.

Mortgage calculator.

Mortgage document checklist.

How much house can I afford?

Fixed, variable, open: what’s the difference?

View legal details

¹ Please read the Terms and Conditions which govern the Vancity Mortgage Cash Back Offer.

² Some conditions apply. To qualify for the advertised rate, the mortgage application must be funded by Vancity within 60 days of the date the application is started. Only available to members with 20% or greater down payment on the property, purchasing a residential owner-occupied property with purchase price under $1,000,000, and mortgage amortization of 25 years or less. All applicants must meet the Vancity lending criteria. The annual percentage rate (APR), compounded semi-annually, not in advance. The APR is for a mortgage of $100,000 with monthly payments and a 25 year amortization. APR assumes no fees apply. You may be required to pay additional fees which would increase your APR. Rate is subject to change or may be withdrawn without notice at any time.

³ Some conditions apply. Only available to members with less than 20% down payment, a residential property with a purchase price under $1,000,000, the amortization is 25 years or less, owner occupied, and who are eligible for and purchase mortgage default insurance. All applicants must meet the Vancity lending criteria. Rate is subject to change or may be withdrawn without notice at any time. Vancity's Homeprime mortgage offers you a variable interest rate based on Vancity's Homeprime rate over a 5-year fixed term. Rate changes when Vancity Homeprime changes. Refer to the Vancity Homeprime Rate section for more information. The annual percentage rate (APR) is compounded monthly, not in advance. The APR is for a mortgage of $100,000 with monthly payments and a 25 year amortization. APR assumes no fees apply. You may be required to pay additional fees which would increase your APR.

⁴ Some conditions apply. This rate is only available to members with less than 20% down payment, a residential property with a purchase price under $1,000,000, the amortization is 25 years or less, owner occupied, and who are eligible for and purchase mortgage default insurance. All applicants must meet the Vancity lending criteria. The annual percentage rate (APR), compounded semi-annually, not in advance. The APR is for a mortgage of $100,000 with monthly payments and a 25 year amortization. APR assumes no fees apply. You may be required to pay additional fees which would increase your APR. Rate is subject to change or may be withdrawn without notice at any time.

⁵ 120 day rate guarantee is only applicable for mortgage applications pre-approved on or after November 18, 2022.

*See full terms & conditions for in-branch promotional rate.