Mortgage offers and promotions

You could get up to $8,750 cashback*

Make an appointment

*Maximum cashback by combining mortgage promotions, investment products†, and loan insurance. Valid until November 3, 2026.

Illustration of a hand holding a house, representing National Bank’s current cashback offers and promotions on mortgage loans, renewals, refinancing and transfers

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Benefits | Offers | Loan | Transfer | Renew | Refinance | Rates

A mortgage bursting with benefits

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Combined cashback

when you bundle your mortgage, new investments †, and mortgage loan insurance in one place. 

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Value-packed promotions

for purchasing your first home, an energy-efficient property or through our offers for professionals.

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Personalized support

from our experts who are there to guide you through every step of the homebuying process.

Discover our mortgage offers

Your mortgage could do more than just finance your home. Bundle your mortgage, new investments †, and mortgage loan insurance under one roof to unlock valuable offers and simplify your day-to-day management.

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Mortgage

You could get up to $8,750 cashback by combining current promotions.

Explore the offer ↓

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Mortgage transfer

You could get up to $6,500 cashback by transferring your mortgage and combining current promotions.

Explore the offer ↓

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Mortgage renewal

You could get up to $1,950 cashback by renewing your mortgage and combining current promotions.

Explore the offer ↓

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Mortgage refinancing

You could get up to $1,500 cashback by refinancing your mortgage and transferring new investments to us.

Explore the offer ↓

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Mortgage

Icône d'un crochet

Buy a property

up to $3,500

Symbole de l’addition

Buy your first property

up to $2,750

Symbole de l’addition

Mortgage loan insurance

up to $1,000

Symbole de l’addition

New investments

up to $1,500

Up to $8,750 combined cashback*

*Maximum amount available by combining all eligible promotions listed above. Conditions and restrictions apply.

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Thinking of buying an energy-efficient home? Take advantage of 25% cashback on mortgage insurance premiums when buying an energy-efficient property with an insured mortgage. We offer an additional 25% cashback on the premium paid to the mortgage insurer, up to a maximum of $5,000. Certain conditions apply.

Make an appointment
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Mortgage transfer

Icône d'un crochet

Mortgage transfer

up to $4,000

Symbole de l’addition

Loan insurance

up to $1,000

Symbole de l’addition

New investments

up to $1,500

Up to $6,500 combined cashback*

*Maximum amount available by combining all eligible promotions listed above. Conditions and restrictions apply.

Make an appointment
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Mortgage renewal

Symbole de l’addition

Loan insurance

up to $450

Symbole de l’addition

New investments

up to $1,500

Up to $1,950 combined cashback*

*Maximum amount available by combining all eligible promotions listed above. Conditions and restrictions apply.

Make an appointment
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Mortgage refinancing

Symbole de l’addition

New investments 

up to $1,500*

*Maximum cashback amount in effect until November 3, 2026. Conditions and restrictions apply.

Make an appointment

Discover our rate offers for different mortgage terms

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Find the right mortgage for you

See all rates


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Future homeowners, we’re here to help.

There’s more to buying a home than just getting a mortgage. We’re here to support you throughout the whole purchase process. Our personalized advice and tools are designed to meet your needs:

  • For help maximizing your down payment, our investment experts can guide you toward the right financial strategy.
  • For major purchases, our credit cards can be used to pay for certain expenses.4
  • For unexpected expenses and added protection against overdraft, a line of credit may be right for you.4
Check out more tools
Illustration of a toolbox shaped like a house with the National Bank logo

We’re here to help 

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Ask us your questions

Our mortgage advisors are here to help you turn your homeownership plans into reality.

 

Make an appointment
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Get a mortgage pre-approval

Protect your interest rate from hikes for 120 days.

Apply now

Little details that matter

Duration of the promotion

April 15, 2026, to November 3, 2026.

Conditions to qualify for the cashback offer

You must be a National Bank client and, with the help of a National Bank advisor, meet the conditions set out in Sections A and B below:

A – New mortgage loan 

  • During the promotion period, you must obtain approval for an eligible mortgage loan from National Bank for a closed term of 3 years or more at a fixed rate, or for a closed 5-year variable rate term (the “mortgage loan”). All-In-One™ home equity line of credit is excluded from this promotion.
  • The mortgage loan amount must be $300,000 or more for a new purchase or transfer with National Bank.
  • Term renewals or refinancing with National Bank are eligible for this promotion, subject to applicable financing ratios and conditions.
  • The mortgage loan must be secured by a residential property with 1 to 4 units, owner-occupied.
  • You must hold a personal chequing account with National Bank from which the pre-authorized mortgage payments will be withdrawn.

B – New investment assets 

  • During the promotion period, you and any co-borrower must deposit a total value of at least $50,000 in new assets into eligible investment products offered by National Bank (“new investment assets”) for a minimum of three (3) months.
  • The value of the new investment assets is calculated by National Bank at the time the credit application is submitted for mortgage loan approval. 
  • Eligible investment products include registered (e.g., RRSP, TFSA, RESP, etc.) and non-registered savings plans, GICs, mutual funds, or the Cash Advantage Solution opened with National Bank, National Bank Financial, National Bank Direct Brokerage, or National Bank Investments. 
  • Any other assets held in products not listed above are not eligible (e.g., high interest savings accounts or products offered by National Bank Private Banking 1859). 
  • You and any co-borrower must not have made any withdrawals from investment assets held with National Bank or its subsidiaries in the three (3) months preceding the submission of the credit application for mortgage loan approval. 

If all conditions A and B are met, the cashback amount will be paid within two (2) days following the mortgage loan disbursement date. It will be deposited into the chequing account from which the mortgage payments are withdrawn.

Cashback of up to $1,500

The cashback amount varies based on the total value of new investment assets held or in the process of being transferred by the borrower and, where applicable, any co‑borrowers, at the time the credit application is submitted for loan approval, as well as on the type of mortgage, subject to the minimum requirements with National Bank. 

Cashback with an eligible mortgage loan

Value of new invested assets

$50,000 to $149,999.99

$150,000 to $249,999.99

$250,000 and more

$500

$1,000

$1,500

Other conditions

  • Mortgage loans are granted subject to National Bank’s credit approval.
  • Only one (1) cashback amount may be granted per mortgage loan under this promotion, regardless of the number of co‑borrowers.
  • This promotion may be combined with other cashback offers for eligible mortgage loans.
  • You must maintain your mortgage loan for the entire term. In the following cases, you will be required to repay a portion of the cash‑back amount, prorated based on the unelapsed portion of the term: prepayment, renegotiation, refinancing, or transfer of the mortgage loan.
  • You must not withdraw the new investment assets for a minimum period of three (3) months following the disbursement of your mortgage loan (“retention period”). If you breach this condition, you must repay the portion of the cashback corresponding to the retention period that did not elapse.
  • Asset transfer fees of $15,000 or more from another financial institution may be reimbursed as part of the eligible investment product by the Bank up to a maximum value of $150 plus taxes. No refund for early redemption fees.
  • In the event of a mortgage transfer to National Bank, you are responsible for all external fees, including property appraisal fees, notary fees, prepayment (“break”) fees, and any other applicable legal or administrative fees.
  • This promotion is not retroactive.
  • This promotion may be modified or withdrawn without notice.

Promotion period

February 3, 2025 – November 3, 2026.

Eligibility conditions for cashback:

  • During the promotion period, you must obtain mortgage loan approval from National Bank for a closed 3-year term or more at a fixed rate or for a closed 5-year term at a variable rate ("mortgage loan"). 
  • You must have mortgage loan insurance with a high loan-to-value ratio (required for purchases with a down payment of less than 20%) offered by CMHC, Sagen or Canada Guaranty. 
  • You must meet all eligibility requirements for mortgage loan insurance set out by the Government of Canada. It is your responsibility to ensure that all applicable conditions are met. 
  • The mortgage loan amortization period must be 30 years. 
  • You must be a first-time home buyer (see definition below). [i]
  • The mortgage loan must be for a residential property with a purchase price of less than $1.5 million. 
  • The mortgage loan must be for an owner-occupied residential dwelling with 1 to 4 units.  
  • The mortgage loan amount must be $100,000 or more.  
  • You must have a personal chequing account with National Bank, from which the pre-authorized mortgage payments will be debited.   

Up to $2,750 cashback

The cashback as part of the promotion is equivalent to 0.20% of the amount of the insured loan (including the insurer's premium). Therefore, the cashback amount varies according to the insured mortgage loan amount: For example: 

  • $200 cashback for insured mortgage loans of $100,000 ($100,000 x 0.20%) 
  • $600 cashback for insured mortgage loans of $300,000 ($300,000 x 0.20%) 
  • $800 cashback for insured mortgage loans of $400,000 ($400,000 x 0.20%) 
  • $1,000 in cashback for mortgage loans of $500,000 ($500,000 x 0.20%) 
  • $2,750 cashback for insured mortgage loans of no more than$1,375,000 ($1,375,000 x 0.20%)  

If all conditions are met, the cashback will be granted within 2 days of the mortgage loan being disbursed. It will be deposited to the chequing account from which the mortgage payments are debited. 

Other conditions 

  • Mortgage loans are subject to credit approval by National Bank.  
  • There is a limit of just one cashback per mortgage loan as part of this promotion, regardless of the number of co-borrowers.  
  • This promotion cannot be combined with any other benefit, discount or promotional offer, unless otherwise indicated. It can however be combined with the mortgage loan insurance promotion (disability, critical illness and life) and the “buying a property” promotion. This promotion can also be combined with the “opening a chequing account” promotion.
  • This promotion is not retroactive. 
  • You must maintain your mortgage loan for the entire duration of the term. In the following cases, you must repay a portion of the cashback in proportion to the term that still remains: loan prepayment, renegotiation, refinancing, or mortgage loan transfer. 
  • This promotion may be modified or withdrawn without prior notice. 

[i] To be considered a first-time home buyer, the borrower must meet one of the following criteria: 

  • Has never bought a property before. 
  • Has not occupied a dwelling in the past 4 years as their principal place of residence that they or their spouse or common-law partner owned.
  • Has recently experienced the end of a marriage or common-law partnership. In this regard, the conditions will be the same one as those of the Canada Revenue Agency with respect to the Home Buyers' Plan. 

Promotion period 

February 3, 2025 – November 3, 2026.

Eligibility conditions for cashback:

  • During the promotion period, you must obtain mortgage loan approval from National Bank for a closed 3-year term or more at a fixed rate or for a closed 5-year term at a variable rate ("mortgage loan").
  • The mortgage loan amount must be $100,000 or more.
  • The mortgage loan must be for an owner-occupied residential dwelling with 1 to 4 units. 
  • You must have a personal chequing account with National Bank, from which the pre-authorized mortgage payments will be debited.  
  • Applicable to the portion of the mortgage loan integrated into the All-in-One to the extent that it respects the other conditions.

Up to $3,500 cashback  

The cashback amount varies according to the mortgage loan amount.  

  • $500 cashback for mortgage loans from $100,000 to $299,999.99  
  • $1,000 cashback for mortgage loans from $300,000 to $499,999.99  
  • $1,500 cashback for mortgage loans from $500,000 to $749,999.99 
  • $3,000 cashback for mortgage loans from $750,000 to $999,999.99
  • $3,500 cashback for mortgage loans of $1,000,000 or more  

If all conditions are met, the cashback will be granted within 2 days of the mortgage loan being disbursed. It will be deposited to the chequing account from which the mortgage payments are debited.

Other conditions

  • Mortgage loans are subject to credit approval by National Bank. 
  • There is a limit of just one cashback per mortgage loan as part of this promotion, regardless of the number of co-borrowers. 
  • This promotion cannot be combined with any other benefit, discount or promotional offer, unless otherwise indicated. It can however be combined with the mortgage loan insurance promotion (disability, critical illness and life), the “first-time homebuyer” promotion (insured loan - 30 years) and the $350 cashback offer for the reimbursement of an appraisal fee available through the privilege offer to professionals. This promotion can also be combined with the “opening a chequing account” promotion. 
  • This promotion is not retroactive.
  • You must maintain your mortgage loan for the entire duration of the term. In the following cases, you must repay a portion of the cashback in proportion to the term that still remains: loan prepayment, renegotiation, refinancing, or mortgage loan transfer.
  • This promotion may be modified or withdrawn without prior notice.

The promotional offer is valid until November 3, 2026.

This offer applies to Personal Banking clients of National Bank who take out a mortgage loan of $100,000 or more during the promotional period and sign up for 3 or more types of insurance coverage (life, disability, and critical illness). The amount of the cashback varies depending on the amount of coverage taken out by the borrower and their co-borrowers, if applicable, and the amount of the loan covered by life insurance. The client must sign up for mortgage loan insurance when the loan is granted or, at the latest, when the loan is disbursed. The mortgage loan insurance application must be signed during the promotional period.

This offer applies to a new purchase, external refinancing, or mortgage transfer. Mortgage renewals, internal refinancing, and mortgage renegotiations are excluded from the offer. Financing must be for a residential dwelling with 1 to 6 units. 

The cashback amount can be up to $1,000.

 

Amount covered by life insurance from $100,000 to $399,999.99

Number of types of coverage

Total cashback

3 types of coverage

$200

4 types of coverage

$400

5+ types of coverage

$600


Amount covered by life insurance of $400,000.00 and more

Number of types of coverage

Total cashback

3 types of coverage

$400

4 types of coverage

$800

5+ types of coverage

$1000

If all conditions are met:

· The first half of the cashback will be awarded during the month following the loan disbursement.

· The remaining half of the cashback will be awarded no later than 6 months after the loan disbursement.

The cashback will be deposited in two (2) portions to the transaction account from which mortgage payments are collected, within 30 days of the conditions being met. No insurance claim must have been accepted for your loan within the first 6 months of disbursement for all insured persons under the agreement. To benefit from the full cashback, the client must keep all the coverage to which they subscribed at disbursement for 6 months after the loan is disbursed and must be up to date with their mortgage payments.

The offer may be modified, extended, or withdrawn without prior notice at any time. The offer may not be combined with any other National Bank offer, promotion, or benefit, other than the ones mentioned in this leaflet, and cannot be applied retroactively. There is a limit of only one cashback per eligible mortgage for the duration of the promotion, regardless of the number of co-borrowers. Clients cannot benefit from the offer more than once.

Duration of the promotion

April 28, 2025, to November 3, 2026.

Terms and conditions of the offer

  1. Be a borrower or co-borrower of a National Bank mortgage loan;
  2. At least one mortgage loan tier must be due for renewal* between April 28, 2025, and November 3, 2026;
  3. Sign up for at least one type of insurance coverage on a mortgage loan tier between April 28, 2025, and November 3, 2026;
  4. The coverage must be maintained for 6 months from the loan insurance enrolment date;
  5. Enrolment in loan insurance must take place between these dates:
    • Up to 6 months before the renewal date;
    • No later than the first payment after the loan renewal date.
  6. Be the holder or co-holder of a transactional chequing account or a Progress Account™ in Canadian currency with National Bank at the time the cash back is deposited.

Eligible products:

  1. All uninsured mortgage loans or mortgage loan tiers, or ones that do not have full insurance coverage during the renewal period.
  2. In the event that only one mortgage tier is up for renewal, the other mortgage loan tiers are also eligible for the offer.

Non-eligible products

  1. All-In-One™ home equity line of credit
  2. Mortgage loan integrated into an All-In-One™ 

Cashback of up to $450 per insured person per mortgage tier

For each mortgage tier for which loan insurance is added as part of the mortgage renewal, the cashback amount is determined based on:

  • the number of types of coverage added:
    1. Disability coverage;
    2. Critical illness coverage;
    3. Life coverage.

and

  • the insured amount of the mortgage tier:
Insured amount, per tier $0 to $99,999.99 $100,000 to $299,999.99 $300,000 and more
Cashback amount per coverage added per insured person $50 $100 $150

How the cashback will be paid

The cashback will be paid no later than 60 days after the minimum 6-month holding period for the insurance coverage has elapsed.

The cashback will be paid into a transactional chequing account or a Progress Account™ in Canadian currency with National Bank, whether it is the account from which the mortgage loan payments are made.

Other conditions

  1. Only coverage and amounts that have been maintained for a period of 6 months after insurance enrolment will be considered to calculate the amount of cashback.
  2. Stay up to date on mortgage loan payments until the cashback is paid
  3. This offer is subject to the conditions of the certificate of insurance, in particular with regard to the coverage period and the maximum coverage amounts; details are available in the certificate of insurance and the summary. (Summary for clients in the rest of Canada: here)
  4. Mortgage loans are subject to credit approval by National Bank.
  5. This offer may be combined with any other offers for which the client is eligible.
  6. This promotion may be modified or withdrawn without prior notice
  7. The insurance application must have been accepted by the insurer, if applicable

*The renewal period is 6 months before the maturity date of the term of a mortgage loan tier.

Promotion period

May 7, 2026 to November 3, 2026

Description of the promotion

Up to $600 cashback after opening a chequing account and adding certain products or services or carrying out certain transactions in the new account listed in the following section.

Eligibility requirements

Basic cashback of $300 for the first chequing account :

During the promotion period, open your first chequing account and sign up for The Connected® or The Total® package, the offer for newcomers or the offer for professionals as the primary account holder.

Within 120 days of opening the chequing account and the eligible package, complete the following 3 steps:

  1. Sign up for your online bank  
  2. Complete 20 eligible transactions, including:
    • Debit card purchases
    • Bill payments using your online bank or the National Bank app. The following transactions are excluded: refund of purchases (Interac ®), reimbursement of fees, flat monthly fee, account handling charges.
  3. Receive 3 eligible automatic deposits of at least $100 each, according to the following schedule:
    • 1st deposit: within the first 60 days after opening the chequing account.
    • 2nd deposit: between 60 and 89 days after opening the chequing account.
    • 3rd deposit: between 90 and 120 days after opening the chequing account.

Eligible automatic direct deposits (based on Payments Canada transaction codes) : 

Payroll Deposit, Special Pay List, Vacation Pay, Overtime Pay, Early Pay, Commission Pay, Premium Pay, Adjustment Pay, Pension, Federal Pension, Provincial Pension, Private Pension, Retirement Income Funds, Canada Child Benefit, Canada Pension Plan, Old Age Security, War Veterans Allowance, Veterans Affairs Canada, Public Service Pension, Canadian Armed Forces Superannuation, Employment Insurance, Family Responsibility Plan, Income Security Benefit, CNESST, Employment Assistance Allowance, Disability Benefit, Parental Insurance, Child Support, Miscellaneous Payments, Accounts Receivable, Canada Benefit for Persons with disabilities

Maintain this package or any privilege offer with the eligible package at all times for at least 120 days after opening the new chequing account.

Must not have a chequing account, CAD Progress Account, Crescendo Account®, The Strategist Account®, The Natcan Strategist Account, Special Project Savings Account, Superior Flex Line Program®, Home Improvement Line of Credit, personal line of credit, All-In-One Line of Credit®, or must not have had a National Bank High Interest Savings Account, alone or jointly in the past 36 months.

All of the above conditions must be met to be eligible for the following additional amounts.

An additional amount of $100 related to a new credit card:

Within 120 days of opening the chequing account and signing up for the eligible package, complete the following 2 steps: 

  1. Apply for and be approved for one of the following National Bank credit cards as the primary cardholder: Platinum Mastercard®, World Mastercard®, World Elite® Mastercard®, mycreditTM Mastercard®, Allure® Mastercard®, MC1® Mastercard®, Echo® Cashback Mastercard®, SyncroTM Mastercard®
  2. Complete at least 20 purchases or cash advances with the new credit card. The following transactions are excluded: Mastercard cheques, interest, non-interest fees (e.g., annual fees, currency conversion fees, and insurance premiums), purchase returns, credit card payment with your points, credits applied to the account when you redeem points for a reward.

Must not have been holder/primary cardholder or authorized user of a National Bank personal credit card in the past 36 months. 

An additional amount of $100 related to the payment of a mortgage loan:

Within 120 days of opening the chequing account and signing up for the eligible package, complete the following step:

  1. Set up pre-authorized, recurring payments from the new chequing account for a National Bank mortgage..

An additional amount of $100 related to a new savings account:

Within 15 days of opening the chequing account and signing up for the eligible package, you must:

  1. Open a High Interest Savings Account.
  2. Deposit at least $5,000 in the High Interest Savings Account.
  3. Keep a minimum balance of $5,000 at all times and without interruption up to the 120th day after opening the chequing account. 

Must not have held a National Bank High Interest Savings account alone or jointly in the past 36 months. 

Total cashback if all conditions are met: up to $600

When the cashback is paid to your chequing account

If you meet the eligibility requirements, the cashback will be paid into the account by the end of the 6th month following the date your chequing account was opened.

Other conditions:

  • You can receive only one cashback for this chequing account.
  • You must be at least 14 years old when you open the new chequing account.
  • You must keep the new chequing account and, if applicable, the new eligible credit card for at least 12 months from the date the chequing account is opened. If you don’t meet this condition, you’ll have to reimburse a portion of the cashback for the product you didn’t maintain corresponding to the period remaining.
  • You must keep your National Bank chequing account in good standing until the cashback is paid. For the purposes of this promotion, the chequing account is not in good standing if:
    • It is overdrawn, meaning it has an unauthorized negative balance.
    • It has been used in an inappropriate, unauthorized, illegal, or abusive manner, as described in section 8.7 of the National Bank Deposit Account Agreement.
  • You must keep your new credit card account in good standing by meeting the conditions in the Credit Card Agreement (if applicable). For example, all minimum payments must be made on time.
  • The new eligible credit card (if applicable) is granted subject to credit approval from National Bank. You must be 18 years old when you sign up for the new card. Other conditions apply to the issue of the card.
  • You must not be employed by National Bank, CWB® or one of its subsidiaries. Spouses of employees are also not eligible.
  • This promotion may be modified or withdrawn without prior notice.
  • This promotion cannot be combined with any other National Bank cashback promotion applicable to chequing accounts or banking packages. However, it can be combined with another eligible National Bank credit card, mortgage loan, mortgage insurance, or investment promotion. 

® NATIONAL BANK, CWB, CRESCENDO, THE STRATEGIST, THE CONNECTED, THE TOTAL, SUPERIOR FLEX LINE, ALL-IN-ONE, MY CREDIT, ALLURE and ECHO are registered trademarks of National Bank of Canada.

® Interac is a registered trademark of Interac Corp. Used under licence.

® Mastercard, World Mastercard, MC1, Platinum, and World Elite are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. National Bank is an authorized user.

Promotion period 

February 3, 2025 – November 3, 2026.

Eligibility conditions for cashback:

  • During the promotion period, you must obtain mortgage loan approval from National Bank in order to transfer your mortgage from another financial institution to National Bank ("transferred mortgage").
  • The amount of the transferred mortgage loan must be $100,000 of more for a closed 3-year term or more at a fixed rate or for a closed 5-year term at a variable rate.
  • The mortgage loan must be for an owner-occupied residential dwelling with 1 to 4 units. 
  • You must have a personal chequing account with National Bank, from which the pre-authorized mortgage payments will be debited.  
  • Applicable to the portion of the mortgage loan integrated into the All-in-One to the extent that it respects the other conditions.

Up to $4,000 cashback  

The cashback amount varies according to the total mortgage loan amount (the amount of the transferred mortgage loan plus the additional mortgage loan amount granted at the same time, if applicable).  

  • $1,250 cashback for mortgage loans from $100,000 to $299,999.99  
  • $1,500 cashback for mortgage loans from $300,000 to $499,999.99  
  • $2,000 cashback for mortgage loans from $500,000 to $749,999.99 
  • $3,000 cashback for mortgage loans from $750,000 to $999,999.99
  • $4,000 cashback for mortgage loans of $1,000,000 or more  

If all conditions are met, the cashback will be granted within 2 days of the mortgage loan being disbursed. It will be deposited to the chequing account from which the mortgage payments are debited.

Other conditions

  • Mortgage loans are subject to credit approval by National Bank. 
  • There is a limit of just one cashback per mortgage loan as part of this promotion, regardless of the number of co-borrowers. 
  • This promotion cannot be combined with any other benefit, discount or promotional offer, unless otherwise indicated. It can however be combined with the mortgage loan insurance promotion (disability, critical illness and life) and the $350 cashback offer for the reimbursement of an appraisal fee available through the privilege offer to professionals. This promotion can also be combined with the “opening a chequing account” promotion.
  • This promotion is not retroactive.
  • You must maintain your mortgage loan for the entire duration of the term. In the following cases, you must repay a portion of the cashback in proportion to the term that still remains: loan prepayment, renegotiation, refinancing, or mortgage loan transfer.
  • You are responsible for any costs that may arise from the transfer of your mortgage loan to National Bank, including assessment fees for your property, fees for a notary, mortgage prepayment fees (“breakage fees”), or other applicable legal and administrative fees that you may be required to pay.
  • This promotion may be modified or withdrawn without prior notice.

The promotion is valid for mortgage loans disbursed between February 1, 2024 and November 3, 2026.

Mortgage loans are subject to credit approval by National Bank. To take advantage of the promotion, you must:

  • Have an insured and eligible mortgage loan disbursed by National Bank during the promotion period with a down payment of less than 20% (high-ratio mortgage).
  • Be insured and approved by an eligible loan insurer (CMHC-SAGEN-Canada Guaranty)*.
  • Ensure the property meets the energy efficiency criteria determined by the eligible insurers and provide proof the 25% refund has been received from the loan insurer.
  • Have a National Bank account to receive the additional cashback.

If all conditions are met, the cashback of 25% of the loan insurance premium will be granted within 10 days of the receipt of refund proof of the 25% repaid by the loan insurer. 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 remaining. 

Conventional mortgages or All-In-Ones® are not eligible for this promotion.

Only one cashback per mortgage loan. The cashback is not retroactive. 

This energy-efficient home promotion can’t be combined with any other cashback promotion with promotional rates on a new National Bank mortgage loan. If that is the case, any cashback related to another National Bank promotion will be deducted from the amount of the energy-efficient home promotion at financing. For example, a client eligible to receive $3,500 for this promotion who has already received cashback of $500 for their mortgage financing is eligible for a maximum cashback of $3,000 for the energy-efficient home promotion.

This promotion may be modified or withdrawn without prior notice.

*Consult your insurer’s criteria:

 

**Refers to standard rate.

***Based on a $350,000 fixed-rate mortgage:

  • With a chosen term
  • With a 5-year closed term
  • With 25-year amortization 
  • With a $5/month administration fee
  • With a $350 appraisal fee. The appraisal fee may be adjusted or may not be charged as part of the assessment of your mortgage application.

1. Rates may differ if amortization is more than 25 years. Contact an expert for more information.

2. The special offer on the variable rate is the base rate - spread (%) and is updated monthly. The offer may not be combined with any other National Bank offer, promotion, or benefit, other than the ones mentioned in this leaflet, and cannot be applied retroactively.
"Base Rate" means the annual interest rate that the National Bank publicly announces from time to time as the reference rate used to establish the interest rate on Canadian dollar loans made by the Bank in Canada.

3. APR as of ${p1.tauxDateJour|date:"-"}. APR means "Annual Percentage Rate" that represents the total interest and fees charged by National Bank, expressed as an annual percentage.

4. Subject to credit approval by National Bank.