Current Rates
Todays Prime:3.70  
TermBroker Bank
6 Month: 4.75 4.75
1 Year: 4.54 4.79
2 Year: 5.04 5.34
3 Year: 5.14 5.44
4 Year: 5.24 5.64
5 Year: 4.59 5.84
6 Year: N/A N/A
7 Year: 5.84 6.14
10 Year: 6.13 6.54
   
No Down: N/A N/A
Variable 1: 2.80 N/A
Local: 1 - 403 - 313 - 0606
Toll Free: 1 - 877 - 699 - 0719
Updated: Jul 11, 2022

Apply Online
Print Application
Mortgage Calculator
Mortgage Lenders

Home Equity Mortgage

A Home Equity Mortgage is a mortgage based on the equity of your home and not the people purchasing or refinancing a home. This is a great mortgage for someone who may have no credit, slow credit or bad credit. If you are purchasing a home, a minimum of 20% of your home's appraised value will be required for a down payment. If you are refinancing a home, a minimum of 20% of the property value will need to remain in your home for home equity.

Call a broker at Western Canada Mortgage today to discuss if this mortgage is right for you !

Return to Mortgage Services