Members get a helping hand buying a first home.

You've saved some money for a down payment and now you’re ready to start hunting for your first home. Whoa there, Nelly. There’s a lot to consider when buying your first home.

You'll want to check out the rate options available to you. Then, use our Mortgage Calculator to crunch the numbers to ensure you can afford your payments based on current rates and future, potentially higher rates. This is particularly important in today’s market where rates are still low but may rise.

When you do get your first mortgage, don't let it get in the way of saving for your future. One way you can do this is using cost-savings for investment savings. And we'll even make it easier to save with the First Home Helper – get a great rate, up to $1,000 in Help Extras to invest, a line of credit and other extras1.

We're here to help. Just contact us or our Mobile Banking Team can come to you.

Featured Mortgage Rates (Effective 14-Mar-19)
3.30 %5-Year Variable *
3.20 %

Members Get It® Mortgages

Our members get more with Members Get It Mortgages. You'll get a great rate2 and up to $1,000 in Help Extras®3.

  • New mortgages with a term of 3 years or more receive $1,000 in Help Extras®
  • Put your Help Extras toward investment products such as term deposits in non-registered or registered accounts such as an RRSP, RESP or TFSA
  • More Help Extras when you renew down the road
Read the not-so-fine print

Terms & Conditions

  1. Closed, residential first mortgages only. Interest rate and approval based on risk profile. Additional fees may apply. If fees apply, the Annual Percentage Rate (APR) could increase. Rates subject to change without notice.

  2. Initial interest rate and APR, compounded monthly.

  3. Some conditions apply for Help Extras. Contact us for details.


Personal Line of Credit

A helpful alternative to cash advances or large credit card purchases. Get access to extra funds and only pay interest when it's used.

  • Pay down the balance at any time
  • Re-advance your loan as many times as you need
  • Interest1 charged only on what you use
  • Access money through your chequing account, debit card, cheques or in a branch
  • Creditor insurance available
Read the not-so-fine print

Terms & Conditions

  1. Rate and approval based on risk profile.


Free Chequing, Free Debit, and More Account®

Nobody really likes fees. This account is free with no minimum balance required.

  • No monthly fee
  • Unlimited day-to-day transactions1
  • Free withdrawals and deposits at 4000+ ding free® ATMs across Canada
  • Free in-branch, online or phone bill payments
  • Free online cheque images
  • Overdraft Protection available2
  • Free eStatements
Read the not-so-fine print

Terms & Conditions

  1. Rates are subject to change.

    Transactions include cheques, Coast Capital Savings® and EXCHANGE Network ATM withdrawals, Interac® Direct Payment, preauthorized payments, Coast-by-Phone® bill payments, Coast Online® Banking bill payments and in-branch withdrawals, transfers and bill payments. Deposits and self-serve (Coast Capital Savings® ATM, Coast-by-Phone® and Coast Online® Banking) transfers are free.

    Additional network ATM transactions are subject to the fees listed. Surcharges from other financial institution ATMs are excluded.

  2. Overdraft limits are subject to qualification. Monthly fee applies where overdraft is used.

For more information, see our full list of service fees.


Tax-Free Savings Account (TFSA)

If you're over 18, thanks to the government, you won't get taxed on the income or growth you make on your investment, even when it's withdrawn. That's right, no taxes, from the government.

  • No maximum age limit to open or hold a TFSA
  • No deadline for your contributions
  • Unused TFSA contribution room can be carried forward to future years
  • Investment income earned in a TFSA plan, including capital gains, will not be taxed, even when withdrawn
  • Multiple investment products such as term deposits and mutual funds available within a TFSA
Read the not-so-fine print


Coast Capital Savings Federal Credit Union provides advice and service related to deposit, loan and mortgage products. Coast Capital Wealth Management Ltd. provides investment and financial planning services. Coast Capital Financial Management Ltd. provides advice and service related to segregated funds, annuities and life insurance products. Worldsource Financial Management Inc. provides advice and service relating to mutual funds. Mutual fund values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses may all be related with mutual fund investments. Important information about mutual funds is contained in the relevant fund facts and simplified prospectus. Please read the fund facts carefully before investing. Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act

Not sure if you can afford to buy your first home?
Not sure if you can afford to buy your first home?
Let's have a quick Where You're At Money Chat® to help solve your money matters.

Other helpful mortgage products.

Here are other mortgage options we’ll go over with you when you get a mortgage from Coast Capital Savings

Multi-purpose Mortgage

With a Multi-Purpose Mortgage, you can split your mortgage into sections, each with its own term length and interest rate. You can borrow up to 80% of your homes equity, make advances any time, and pay the registration and legal fees once, no matter how many times you dip into it.

Mortgage Insurance

Through our partners at Valeyo‡, we offer life and disability insurance for your mortgage which protects you from losing your home if you're unable to make mortgage payments due to injury, illness or death.
Learn more

Automatic Deposits and Payments

Make deposits into your chequing or savings account at a regular frequency. You can also set up automatic bill payments.

Learn more

Ready to apply online?

Here’s what you need to do.
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 started

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Mortgage questions? Let's chat.

Call us at 1.888.517.7000 Mon-Sat, 8am-8pm; Sun, 9am-5:30pm. Or, we'll come to you.

* Closed, residential first mortgages only. Interest rate and approval based on risk profile. Additional fees may apply. If fees apply, the Annual Percentage Rate (APR) could increase. Rates subject to change without notice.   Initial interest rate and APR, compounded monthly.   Some conditions apply for Help ExtrasContact us for details. 
† For new high-ratio-insured, closed, residential (owner-occupied) first mortgage loans made to members with a Direct Payroll Deposit to a Coast Capital Savings account and a Pre-Authorized Credit into a Coast Capital Savings investment product (registered or unregistered) only. Additional mortgage insurance criteria may apply. Interest rate and approval based on risk profile. This is a variable rate product which will fluctuate with the Coast Capital Savings prime rate. Rates subject to change at any time without notice. Additional fees may apply. Insurance fees and other applicable fees, if any, will increase your APR. 
‡ Valeyo is a marketer of mortgage insurance underwritten by Canadian Premier Life Insurance Company (Head Office - Toronto, ON) and insurance-related products. This product may not pay off your entire mortgage obligation. Any benefits will be payable to your creditor. Exclusions, limitations and terms of availability apply to this coverage. For cost and complete details, contact your Coast Capital Savings lender. 
1. Some conditions apply for Help ExtrasContact us for details.