Mortgages Geared
to Your
Circumstances

You can discuss your mortgage needs with Member Savings any time. We will provide the best rate and term possible, working together with you to understand and meet your mortgage needs. We encourage our members to get pre-approved mortgages, allowing you to look for a house knowing all your financing is in place.

Financing for What You Want

We offer a full range of mortgage products, financing all kinds of properties, including condominiums and vacation properties. Member Savings provides both conventional mortgages (up to 80% of the property’s value) and high-ratio mortgages (up to 95%) insured by Genworth or Canada Mortgage and Housing Corporation. You might want to take advantage of a high-ratio mortgage amortization period longer than the standard 25 years.

Repaying on Your Schedule

Besides offering traditional monthly repayment schedules for your mortgage term (from six months to five years) we also offer schedules aligned with your paydays. Options for paying off your mortgage faster include:

  • 25% prepayment annually without penalty
  • Increasing your initial payment amount by 25%

We also offer insurance coverage to pay your mortgage and preserve your family home should something unforeseen occur.

How Much House Can You Afford?

Use our Life Events Planner, with over 20 calculators, to assess your financial situation.

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