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Meet with a Mortgage Advisor to secure a rate and personalized plan.
Book appointment
Meet with a Mortgage Advisor to secure a rate and personalized plan.
Book appointment
Meet with a Mortgage Advisor to secure a rate and personalized plan.
Book appointment

Access competitive rates and personalized advice

Connect with a Mortgage Advisor to learn more about one of Canada's lowest advertised 5-year fixed high-ratio mortgage rates1 and other great rates.

4.21% APR2

5-Year Variable High-Ratio Interest rate varies with prime. This mortgage can convert to a fixed rate at any time, penalty-free and is for those with a downpayment of less than 20%.

4.06% APR2

5-Year Fixed High-Ratio Mortgage features include stability with a fixed rate and payments throughout the mortgage term. This rate is for those with a downpayment of less than 20%.

4.41% APR2

5-Year Variable Interest rate varies with prime. This mortgage can convert to a fixed rate at any time, penalty-free and is for those with a downpayment of 20% or more.

4.26% APR2

5-Year Fixed Mortgage features include stability with a fixed rate and payments throughout the mortgage term. This rate is for those with a downpayment of less than 20%.

Get a cash bonus up to 4,1003

when you get a new mortgage at Coast Capital and qualifying products.

Learn more

Let us guide you through the homebuying process

With your down payment savings ready, it's time to start the next phase of your homebuying journey. We're here to help you feel confident every step of the way:

1. Get pre-qualified for a mortgage

Confirm what home purchase price you could afford in just a few minutes and lock in your rate for up to 120 days.

Get pre-qualified
2. Find a home in your budget

Choosing a home involves various factors, so planning ahead and being flexible can unlock more possibilities.

Plan ahead
3. Finalize your mortgage

Once pre-qualified, you can submit your official application to qualify for and finalize your mortgage, then get ready to move in.

Close the deal

Step 1: Get pre-qualified for a mortgage

Shop and negotiate smarter for your first home with your maximum purchase price and mortgage amount confirmed.

Getting pre-qualified helps you confirm how much home you can afford

Save time and disappointment by determining your maximum purchase price before you start shopping based on the amount you could be qualified for. When you submit a pre-qualification, you'll be contacted by a Mortgage Advisor who can help you confirm the amount you can mortgage. This will make your home shopping journey easier, especially when you need to make a quick offer.

Get pre-qualified in under three minutes, with no impact on your credit score. Having the below info will help make your pre-qualification more accurate:

  • Annual income
  • Monthly debt payments
  • Approximate monthly expenses
Get pre-qualified

“Can I really afford a home in today’s market?”

You might be asking yourself this right now. While the housing market is more expensive than ever, there is innovation happening to help first-time homebuyers enter the market.

With options like co-ops, leaseholds and high-ratio mortgages that only require a 5% down payment, there are solutions to help make your homeownership dream more achievable.

Resources to help you afford your first home

First Home Savings Account

RRSP Home Buyers’s Plan

BC First-Time Home Buyers Property Transfer Tax exemption

First-time Home Buyers’ Tax Credit

Step 2: Find a home in your budget

Planning ahead by getting pre-qualified allows you to understand the maximum purchase price you may be able to afford, so your house hunt can be successful.

1. Finding a realtor

Your realtor will take the time to understand what you need from your home now and in the future to narrow down options. Their expertise is also critical in the price negotiation process. Your Mortgage Advisor can recommend to you a realtor in their network.

Find a Mortgage Advisor
2. Searching for properties

You could be in your first home faster if you're willing to make some tradeoffs like living just outside your desired city or neighbourhood, or starting in a smaller property like a condo vs a detached home.

3. Going to open houses

Wear a smile and don’t be afraid to introduce yourself! If the sellers or their realtor know a bit about you and can see that you are a serious buyer, they could be more willing to negotiate on price or other variables.

There’s more than one way to own a home

Alternative homeownership options are on the rise and might work well for your unique situation.

Purchase a leasehold property

Leasehold properties provide the same stability as a conventional property but at a much lower price. There are, however, some limitations. Ask your Mortgage Advisor if this could be right for you.

Rental suite income

If you can, find a home that comes with a rental suite to increase the mortgage you can afford. You'll increase your income and also provide a much-needed home to someone else.

Expand your search

Keep your options open by expanding your search to different neighbourhoods and home types. Being open to lifestyle trade-offs often leads to housing options that suit your goals better than you might suspect.

Common closing costs that are often forgotten

There’s more to buying a home than mortgage rates and registration fees. Here are some closing costs that you’ll need to account for in the purchase process.

  • Legal fees for a lawyer or notary
  • GST and PST for new homes
  • Property transfer tax (exemptions could be available)
  • Appraisal fees to determine the value of the property
  • Inspection fees if a professional inspection is part of your offer

Account for mortgage insurance in your budget

With optional creditor insurance through our partnership with Securian Canada4, you can rest assured that if the unexpected happens, you and your loved ones will have help paying off or reduce outstanding balances on lending solutions like your mortgage, personal loans or lines of credit.

Learn more

Step 3: Finalize your mortgage with confidence

Be ready to make your offer when you’ve found your first home.

Keeping your house in order: What to take care of when making an offer

The time has come to make your offer. The housing market can be pretty competitive, so make sure you’ve got everything you need to make sure your offer warrants serious consideration. It’s also important to not get too attached at this stage, as someone might be willing to pay more than you can afford for the same property.

Work with your Realtor to:

  • Determine your offer price
  • Get a bank draft for your deposit made out to the realtor
  • Have list of subjects or conditions you want included (ex: a home inspection)
  • Establish clear offer conditions
  • Provide a clear deadline for when you offer is to be accpeted
A house with a lock

Coast Capital Tip: Include subject to financing to your conditions

Conditions, like a home inspection, protects you against unexpected issues and repairs after you’ve moved in.

Mortgage options customized for you

When you join Coast Capital, you can access bonus cash rewards.

Fixed Rate Mortgages
Peace of mind knowing your rate won’t change for your entire term.
  • No rate fluctuations during your term
  • Available in 1 to 10 year terms
  • Be mortgage-free sooner with extra payment options
  • Additional borrowing options with HomeownerFlex
Learn more
Close
Variable Rate Mortgages
Get the flexibility of a prime-based rate.
  • Rate changes as prime rate changes
  • Available in a 5 year term
  • Be mortgage-free sooner with extra payment options
  • Switch to a fixed rate term at any point, without penalty
  • Additional borrowing options with HomeownerFlex
Learn more
Close
Construction Mortgages
Building your own house? We’re here to help. Get financing at every stage of your build.
  • Get advances to pay for the cost of building
  • Make interest-only payments up to 18 months
  • Agree on the term upfront
Book an appointment
Close

The closing process

You’ve arrived at the final stretch of your homebuying journey. Your Mortgage Advisor, realtor, and lawyer are all with you for this phase.

1. Make an offer

Work with your real estate agent to send an offer with your conditions.

2. Finalize financing

Once your offer is accepted, you'll bring it to your Coast Capital Mortgage Advisor to start finalizing your mortgage details. Your Coast Capital Mortgage Advisor will help you arrange a bank appraisal, confirm the type of mortgage that's best for your plan and secure your rate.

3. Consider a home inspection

Before your mortgage is finalized, an optional home inspection is recommended. This inspection ensures your home is sound with no unexpected repairs or issues.

4. Consider loan protection

Your Morgage Advisor will help you review your options to help ensure your finances are taken care of in the event of death, disability, critical illness or involuntary loss of employment.

5. Prepare for your closing appointment

After inspections and conditions are met, you can plan your final appointment with your Mortgage Advisor to sign your mortgage documentation. You’ll settle on payment options, sign for the mortgage, and meet with a lawyer or notary to sign registration with Land Titles.

6. Get ready to move in

Make way everyone, the newest homeowner in town is coming through! Book your movers and budget for new furniture and decor expenses so you can move in style!

See cash bonus details below

Up to 4,1003 when you switch your mortgage to Coast Capital

Principal
Balance

Help Extras Bonus

Legal and Appraisal Bonus

Maximum Total Cash Bonus

Mortgage + Fewer than 2 Qualifying Products

Mortgage + 2 Qualifying Products

Mortgage +3 or more Qualifying Products

Less than $100K

$0

$0

$0

$0

$0

$100K - $299.99K

$0

$250

$500

$0

$500

$300K - $499.99K

$0

$250

$500

$500

$1,000

$500K - $749.99K

$1,000

$1,250

$1,500

$500

$2,000

$750K - $999.99K

$1,600

$2,100

$2,600

$500

$3,100

$1MM or more

$2,100

$2,850

$3,600

$500

$4,100
 

Connect with a Mortgage Advisor today

Find a Mortgage Advisor

Call at 1.888.517.7749

1. As of May 23, 2025, Coast's advertised rate on a 5-year fixed high ratio mortgage is lower when compared to the average of the 5-year fixed high ratio mortgage rates advertised by the big five banks, based on independent external third-party market research.

2. APR calculation is based on a $300,000 mortgage at a 25 year amortization, assuming an appraisal fee of $300 (which includes fees associated with determining the value of the property). If there are no additional cost of borrowing charges, the APR and the interest rate will be the same. The APR assumes that the interest rate does not vary over time. Rates are subject to Coast Capital's standard lending criteria.

3. See full Mortgage Cash Bonus Promotion terms and conditions.

4. Securian Canada is a marketer of creditor insurance underwritten by Canadian Premier Life Insurance Company and insurance-related products. This product may not pay off your entire 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.