Mortgage loans

Here are the main steps in preparing a mortgage application.

1. Take stock of your finances to prepare for the meeting with your mortgage advisor.
   
2. Get pre-approved online before or after your meeting.
3. Gather all the documents you'll need for the financing application.
4. Find your dream home and make an offer.
5. Have the property appraised by a professional certified by the Bank.
6. Once financing is approved, visit a legal professional to sign the official documents.
7. Congratulations! You're now a homeowner.

Consult the page on preparing a loan application for more information. Don't forget that your mortgage advisor can help you out!

Need to access your tax information and assessments so you can complete a mortgage application? Use SecureKey concierge service—it's user-friendly, fast and secure.

*CASHBACK OFFER

This offer is valid from February 18th to October 31, 2018. The offer applies to clients who have been approved by National Bank for new mortgage loan of $100,000 or more insured by the Canada Mortgage and Housing Corporation (CMHC) or by Genworth. The loan must be disbursed within 90 days of receiving the client's application for an insured loan from National Bank. The mortgage loan must have a fixed or variable rate with a term of 4 years or longer. The loan must be for an owner-occupied residential dwelling with 1 to 4 units. To take advantage of this offer, you are required to open or must already have a transaction account in one of our branches. The offer may be modified, extended, or withdrawn without prior notice at any time. The offer may not be combined or used with any other National Bank offer, promotion or benefit. There is a limit of one cashback per mortgage loan. The cashback amount varies according to the amount of the insured loan: $1,000 cashback for loans between $100,000 and $200,000, and $2,000 cashback for loans above $200,000. The cashback amount cannot exceed $2,000 per loan. If all conditions are met, the cashback will be granted on the loan disbursement date and deposited into your National Bank transaction account. You must maintain your mortgage loan for the duration of the term; otherwise, you will be required to reimburse a portion of the cashback received, in proportion to the term still remaining. Mortgage loans are subject to credit approval by National Bank of Canada. Employees of National Bank and its subsidiaries and entities are not eligible for the offer.

PROMOTIONAL RATE OFFER

Promotion offered for a limited time.

The loan must be disbursed within 120 days of receiving the client's application for a mortgage loan from National Bank. The mortgage loan must have a variable rate with a closed term of 5 years. The loan must be for an owner-occupied residential dwelling with 1 to 4 units. This offer may be modified, extended or withdrawn at any time without notice. The offer may not be combined or used with any other National Bank offer, promotion or benefit. Mortgage loans are subject to credit approval by National Bank. Employees of National Bank and its entities are not eligible.

TM All-In-One is a trademark of National Bank of Canada.

1. Subject to credit approval by National Bank of Canada.

2. The minimum downpayment is 5% if the mortgage is insured by Genworth Financial Canada or the Canada Mortgage and Housing Corporation. Some restrictions may apply.

3. Accelerated payments can be made without penalty under certain conditions.

4. Financing subject to credit approval by National Bank. Limited-time offer; rates are subject to change. Financing must be for a residential dwelling with 1 to 4 units. This mortgage offer cannot be combined with any other offer, promotion or advantage at National Bank. Employees of National Bank and its subsidiaries and entities are not eligible for this offer. National Bank reserves the right to end this offer at any time without notice. All details and conditions are available in branches.

5. Rates may differ if the amortization period is more than 25 years. For more information, please contact an advisor.

6. APR means "Annual Percentage Rate" and represents the total interest and fees charged by the Bank, expressed as an annual percentage. Because the cost of borrowing consists solely of interest, the APR corresponds to the annual interest rate in effect as at October 20, 2017.

7. The rate can be guaranteed for up to 90 days following receipt of the application.

8. Certain conditions apply.

9. Subject to credit approval by National Bank of Canada. Certain conditions apply.