¹Promotional rate may be changed or withdrawn at any time without notice. Cannot be combined with any other offer or discount. Applicable for a high ratio mortgage with a 25-year amortization period and less than a 20% down payment. Applicable for purchases of a property valued at under $1,000,000 or subsequent renewing of such a loan. Borrower must purchase mortgage default insurance. Applicable for members switching their existing high ratio mortgage to Alterna. The switched mortgage must an active mortgage default insurance certificate. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the interest rate displayed. Rates calculated semi-annually not in advance. Subject to credit approval based on Alterna’s lending guidelines. Blends and refinances are not eligible. Applies to owner-occupied primary residential properties only. Fixed rate is discounted from the posted rate for the same term.

²Promotional rate may be changed or withdrawn at any time without notice. Cannot be combined with any other offer or discount. Applicable for a high ratio mortgage with a 25-year amortization period and less than a 20% down payment. Applicable for purchases of a property valued at under $1,000,000 or subsequent renewing of such a loan. Borrower must purchase mortgage default insurance. Applicable for members switching their existing high ratio mortgage to Alterna. The switched mortgage must an active mortgage default insurance certificate. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the interest rate displayed. Rates calculated monthly not in advance. Subject to credit approval based on Alterna’s lending guidelines. Blends and refinances are not eligible. Applies to owner-occupied primary residential properties only. Variable rate is discounted from the Alterna Prime Rate. Your interest rate will change whenever the Alterna Prime Rate changes.

³Special rate may be changed or withdrawn at any time without notice. Cannot be combined with any other offer or discount. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the interest rate displayed. Rates calculated semi-annually not in advance. Subject to credit approval based on Alterna’s lending guidelines. Fixed rate is discounted from the posted rate for the same term.

⁴Special rate may be changed or withdrawn at any time without notice. Cannot be combined with any other offer or discount. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the interest rate displayed. Rates calculated monthly not in advance. Subject to credit approval based on Alterna’s lending guidelines. Variable rate is discounted from the Alterna Prime Rate. Your interest rate will change whenever the Alterna Prime Rate changes.

⁵Posted rate may be changed or withdrawn at any time without notice. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the interest rate displayed. If fixed, rates calculated semi-annually not in advance. If open, the mortgage is open to prepayment, without penalty. If variable, rates calculated monthly not in advance and the rate is based on the Alterna Prime Rate. Your interest rate will change whenever the Alterna Prime Rate changes. Subject to credit approval based on Alterna’s lending guidelines.

The rates above are for general informational purposes only, and are subject to change or withdrawal at any time without notice. For more information, and to find out more about our product terms, conditions, and application process, please visit us in branch, or call us at 1.866.560.0120.