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MORTGAGES

Support Local with a Credit Union Mortgage

In a time when “buying local” means more than ever, choosing a mortgage from a truly Canadian financial institution is important too. Unlike big banks who often answer to international shareholders, Ontario credit unions like Tandia invest locally, ensuring that your money makes a difference right here in our own economy. Whether you’re looking to purchase your first home, or renew or refinance your mortgage, banking locally is choice you will feel good about. Let’s dive into some facts about getting a mortgage from a local credit union like Tandia:

Fact or Fiction? Getting a mortgage from an Ontario Credit Union is just as secure as a mortgage from a big bank.

Answer: FACT

Credit unions in Canada are highly regulated, so you can rest assured that your big purchase is protected. Credit unions offer the same products, services and accessibility that you’d expect from a large bank, however we are local, community-focused and answer to our members – not shareholders or international investors. Tandia is proud of the many ways we give back to our community through financial and volunteer support, and we are even prouder of the relationships we hold with our valued members who make the choice to bank with us.

Fact or Fiction? Credit Unions often have more competitive mortgage rates than banks.

Answer: FACT

Credit Unions are committed to serving our members, and a large portion of our profits are reinvested into the community and our members themselves. This allows credit unions to offer highly competitive rates, often better than what you’d see from “the other guys”. By choosing a credit union like Tandia you can be sure that you are getting our best rate and best service, and don’t you deserve the best?

Fact or Fiction? Banking locally doesn’t impact the economy.

Answer: FICTION

Where you choose to do your banking has an impact on both your community and the local economy. By selecting an Ontario credit union like Tandia for your mortgage, investments and/or daily banking, you are helping to create local jobs and ensure that your hard-earned savings make a positive impact right here at home. By working with a credit union – and getting your mortgage at one – you can feel proud that you are improving the lives of Canadians and giving back to your community.

Working towards your homeownership, refinancing or renewal goals with a credit union is easier than you may think. Our helpful Tandia advisors are always available to help you with any questions you may have and walk you through every step of the process. If you have questions about mortgages or the ways Tandia supports our local community and our members, please get in touch with us – we’d love to chat!

Tandia Mortgage

Your Home, Your Future -
Locally Financed.

Make the move to a locally sourced mortgage from Tandia and enjoy a great rate too. For a limited time, take advantage of our special offer: A 5-year Closed Fixed High Ratio Mortgage at 3.69%*.  Choosing Tandia for your mortgage means more than just a competitive rate; it means choosing a homegrown option that you’ll be proud of.

*O.A.C., additional premiums may apply in cases of a refinance, extended amortizations, non-owner occupied, or other instances where application details may warrant it. Legal and appraisal fees may apply. Interest is calculated half-yearly, not in advance. Rates are product-specific and subject to change without notice. Some restrictions apply. These Annual Percentage Rates may only apply if there is no cost of borrowing other than interest and is based on blended payments of principal and interest. A high ratio mortgage is applicable where a borrower places a down payment of less than 20% of the purchase price of a home.

Couple renewing and refinancing their mortgage

Looking to renew or refinance your mortgage? Find out how smooth the process can be. Let us help you review your options so you can make a move you’ll be proud of. We’ve got the keys to empowered home ownership decisions – check it out!

FHSA

Start saving for your first home purchase with a First Home Savings Account (FHSA). An FHSA is a great way to save up for your downpayment and can allow you to grow your savings faster – tax free! Find out more and start making your homeownership dreams a reality.

Mortgage Calculator

Balancing financing and expenses is a constant challenge. Use our Mortgage Calculator to figure out what the costs are. It's quick, accurate and easy to use.  Let us do the math.

 

Welcome to an easy-going life with a Tandia Mortgage

Here at Tandia, we’re proud to offer a comfortable mortgage experience and at a pleasantly low rate. We will work with you to ensure that your home financing suits your unique needs, while allowing the flexibility you want for the future.

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