Our mortgage members enjoy flexible renewal options.
It's never too early to plan ahead and discuss renewing your Coast Capital mortgage. Give yourself time to make sure you're getting the right mortgage product, features and rate that work for you and your unique goals. As a mortgage member you get all the flexibility you need including the option to port your mortgage, hold your rate or renew as early as 210 days before your mortgage maturity date without any penalties.
Check out our competitive mortgage rates.
If you’re 210 days or less away from your mortgage maturity date, you are now eligible to renew your mortgage early without a penalty. Ask us for details.
Outstanding debts can potentially be added to your mortgage. We’ll help you understand your options when it comes to paying off any unsecured debt.
Before you renew, you can reduce your mortgage amount by making a prepayment of any amount then renew into a new term. This will allow you to pay down your mortgage faster.
Take advantage of low rates by locking it in. If you’re 120 days or less away from your mortgage maturity date, you’re eligible to hold your rate.
Select a payment schedule that fits your budget, choose from weekly, bi-weekly, semi-monthly or monthly payments to meet your financing needs. Pay down your mortgage faster by increasing the payment amount.
Porting your mortgage allows you to transfer your existing mortgage to a new property and remain with Coast Capital Savings. As long as you meet certain requirements, you can keep your existing interest rate and term without paying a prepayment penalty.