LIMITED TIME OFFER
Transfer your mortgage to National Bank and get up to $1,200 cashback*
* Promotion valid until October 31, 2023, for eligible mortgage transfers.
See details of your commitments.
Until October 31, 2023, you can get up to $1,200 in cashback* by transferring your mortgage to National Bank.
You'll benefit from additional advantages such as:
A reassessment of the term and amortization of your mortgage
Advantageous rates adapted to your needs
Flexibility in repayment
Personalized advice for all stages of your project
But that's not all. Adding eligible products and services to your mortgage could get you up to $4,450 additional cashback.
Type of fee |
Cashback on transfer fee |
Assessment of property value, when required |
$350 cashback |
Legal fees |
$850 cashback |
Get up to $5,650* cashback by transferring your mortgage and adding eligible products and services to your mortgage loan.
* For a limited time. Please refer to the terms and conditions of each promotion.
Discover the current rates and make your
calculations to select the one that best suits your needs.
Rate (%) as at ${p1.tauxDateJour|date:"-"}
Our team is here to answer all your questions.
If you have any questions about your mortgage, fill out our form to receive a call from an advisor.
Need more personalized advice? Select one of our mortgage experts to guide you through every step of your project.
You can also speak to one of our mortgage experts by calling us at 1-855-755-9533, option 6
Cashback
If you transfer your mortgage to National Bank and choose eligible products, you could get up to $5,650 cashback.*
Discover the offer
Simplify your finances
Enjoy the convenience of having all your banking products under one roof. Transfer money seamlessly, pay bills, get better rates and more.
Enjoy personalized service
Our mortgage experts are available to provide tailored advice.
Choose the right mortgage for you with the help of our advisors****
Switch your mortgage to National Bank. We'll take care of the follow-up with the financial institution involved in the transfer.
****To be eligible for the mortgage transfer offer, you must make payments from a National Bank account.
Leverage the value of your home for other
projects.
Access your repaid mortgage principal to
pay for other projects.
If you have any questions about your
mortgage, fill out our form to receive a call from an advisor.
Estimate the value of the mortgage you may be eligible for, calculate your monthly payments, and more.
Our mortgage experts are here to provide
you with personalized advice and help you move forward with your
project.
This promotional offer is valid for files with a mortgage approved before October 31, 2023. The offer applies to mortgage loans transferred from another financial institution to National Bank. It applies to residential mortgage loans for owner-occupied properties with 1 to 4 units.
The mortgage loan must have a principal amount of $100,000 or more and have a closed fixed rate with a 3-year term or a variable rate with a 5-year term at National Bank. You must have a personal chequing account with National Bank, from which pre-authorized mortgage payments will be debited.
Cashback amount:
Mortgage loans are subject to credit approval by National Bank. 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. 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, other than the ones mentioned in this leaflet, and cannot be applied retroactively. The offer does not include prepayment charges (breakage fees) that you may be required to pay.
Certain fees and procedures may be required to complete the transfer:
We advise you to consider transferring your mortgage 6 to 8 months before the maturity of your loan. This way, you'll avoid or reduce the prepayment penalty imposed by your current lender, depending on the terms of your contract.
A mortgage is a contract. Therefore, there may be fees and penalties for terminating the contract early, which you'll have to pay before you can transfer your mortgage to another lender.
Yes, you can apply for mortgage refinancing to obtain additional funds at the same time as transferring your mortgage but note that only the balance of the loan can be transferred. Find out more about refinancing your mortgage.
Yes, we'll transfer your insured loan while maintaining all the terms of your current loan.
® THE CONNECTED, THE TOTAL, NATIONAL BANK and the NATIONAL BANK logo are registered trademarks of National Bank of Canada.
* Promotion valid until October 31, 2023 for eligible mortgage transfers. See the details of your commitments in the "Mortgage transfer promotion conditions" section.
** "Base Rate" means the annual interest rate that the 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.
*** Based on a mortgage loan of $350,000:
**** To be eligible for the mortgage transfer promotion, you must make your payments from a National Bank account.
