First Home Helper

That moment when you get a great rate on your first mortgage

Featured rate: 2.20%1

5-year variable insured rate

Let's face it. Unless you're fortunate to have an extra hand from family, or happen to be sitting on a pile of dough, getting 20% for a down payment is tough. And if you have less than the required 20%, you need to get CHMC or Genworth insurance which can add to your monthly mortgage balance.

We make it a bit easier with a little extra help for first-time home buyers. It's our First Home Helper.

Get pre-approved

Check out our other mortgage rates.

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What are the perks with the First Home Helper?

Members Get It Mortgage™

You'll get a reduced rate to help cover the costs of CHMC or Genworth Insurance, plus up to $1,0004 in Help Extras.™

Line of Credit 2

You'll have access to a little help for those unexpected expenses that pop up when buying your first home.

$500 Towards Your Fees3

We'll cover $500 worth of legal and appraisal fees. Because nobody really likes fees.

Where You're At Money Chat®

We'll set you up with a quick and powerful conversation to help take the worry out of your money situation. We can even show you easy ways to pay your mortgage off faster.

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What is a Help Extra?

No need to choose between home ownership and saving, because Members Get It Mortgages come with Help Extras. With a new mortgage or renewal of 3 years or more, you'll get $1,000 in Help Extras towards an investment like an RRSP or Tax-Free Savings Account. Or for a 1 or 2 year mortgage, you'll still receive $500 in Help Extras. And the best part is that this isn't a limited time offer – when you renew again, more Help Extras will be on the way.

RRSP

What is it?

For most people, an RRSP is that thing you're putting money into to save for retirement. Think of it as a personal pension plan.

How it can help:

  • Can help reduce the amount of taxes you pay each year or possibly increase the size of the tax refund you will receive
  • Choose from a variety of investment options
  • We'll issue a tax receipt right away
Learn more

RESP

What is it?

In a nutshell, an RESP is a government sponsored investment plan that helps you save for your child's post-secondary education.

How it can help:

  • $1,000 will turn into $1,200 with the help of the Basic Canada Education Savings Grant
  • This Grant gives you 20% on every dollar of the first $2,500 contributed to an RESP each year
  • Plans can be Individual Plans or Family Plans
Learn more

Low-fee, More-for-Me
Mutual Funds™

What is it?

This family of mutual funds gives you more of what you want – conservative management, simplicity and affordability. And less of what you don't want – like fees.

How it can help:

  • Our funds have some of the lowest Management Expense Ratios (MERs) in Canada
  • Conservative management while striving to provide above average returns
  • Affordable and easy to understand
Learn more

Tax-Free Savings Account (TFSA)

What is it?

Don't be afraid to earn interest. The government introduced TFSAs to allow folks to save money in a tax-free plan. Good deal.

How it can help:

  • Investment income earned in a TFSA plan will not be taxed even when withdrawn
  • Unused TFSA contribution room can be carried forward to future years
  • There is no maximum age limit to open or hold a TFSA
  • There's no deadline for your contributions
Learn more

Term Deposits

What is it?

Investment options with guaranteed returns. Whether you're investing for the short term or the long term, we've got the term deposit for you.

How it can help:

  • Guaranteed investment returns
  • Cashable and non/cashable options to accommodate needs
  • Our rates are extremely competitive
Learn More
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Ready to apply online?

Step 1

Take no more than 10 minutes to complete the pre-approval form. We'll get back to you within 2 business days.

Step 2

We'll contact you to discuss your application including required documents, rates and terms.

Step 3

Finalize the mortgage at a branch of your choice.


Get pre-approved

Let's do this.

Get pre-approved

  1. Initial interest rate and the APR on a 5-year variable, closed mortgage, compounded monthly. This is a variable rate product which will fluctuate with the Coast Capital Savings prime rate. If fees or charges apply, the APR could increase. For new high-ratio closed residential first mortgages only. Interest rate and approval based on risk profile. Additional mortgage insurance criteria may apply. Rates subject to change without notice.
  2. Some conditions apply for Help Extras. Contact us for details.
  3. Subject to credit approval.
  4. Legal and appraisal fees. Payment at time of funding.