Fusion Credit Union - The Home Mortgage

The Home Mortgage

We understand the importance of working out the best possible mortgage package, so you can afford your home or your renovations and the lifestyle you truly want.

Variable or Fixed?

The interest rate on a variable rate mortgage shifts with the prime rates. Your payment is fixed and it offers the advantage of prepayment or locking in at any time without penalty.

Fixed rate mortgages are set for the term you choose, from 1 to 5 years.

Whether you choose variable or fixed:

Choose from weekly, biweekly, semi-monthly and monthly payments, with amortization periods up to 25 years.

Pre-pay up to 20% per year without penalty. Even one month extra prepayment per year can shorten your mortgage life and save you thousands of dollars.
CMHC insured mortgages are available reducing down payment requirement to as little as 5%.
Building Location Certificate (BLC) or Survey waived on most properties, a potential savings of $300 or more. BLCs or surveys are required for properties of $500,000 or more.

* Mortgage insurance is available.

Click here to see today’s rates.

Apply Now

Home Financing Checklists

Purchasing a new home, refinancing, or transferring your mortgage on an existing home? We're here to help get the paperwork done. Our Home Financing Checklist will ensure you have all the correct documentation when you meet with your Fusion Lender. And if you are making Canada your home and purchasing for the first time, our Non-Permanent Resident Home Financing Checklist outlines the required documentation.

Home Financing Checklist

Your guide to all the documentation required when applying for a mortgage.

Click Here

Non-Permanent Resident Checklist

Non-permanent residents require certain documentation when applying for a mortgage. Use the checklist to ensure you have all the paperwork when you're ready for home ownership.

Click Here

Promotional Rates

Residential Mortgages

1 Year

5.75

Residential Mortgages

3 Year

4.75

Residential Mortgages

5 Year

4.59

*Rates subject to change.

TIME FOR A RENOVATION?

Apply for a line of credit today. Once you re approved, you will get immediate access to the full value, but you will only pay interest on the money you use.

Line of Credit