- Eligible security includes primary residences.
- Maximum mortgage amortization is 30 years. Interest is calculated half-yearly not in advance.
- Mortgage rates are stated as an Annual Percentage Rate (APR). Legal, appraisal, processing and discharge fees apply and may increase the APR.
- Full repayment before maturity will incur the greater of 3 months’ interest or the interest rate differential based on Tandia’s posted rates.
Where you get your mortgage matters.
When you choose Tandia, you're not just getting a great rate, you're choosing a local, community-focused credit union that truly understands your needs. Right now, take advantage of our tailored financial solutions and our limited-time offer of a 5-Year High Ratio Mortgage at just 3.69%. Whether you're buying your first home, renewing, or refinancing, we’re here to help you find the right mortgage solution, with personalized service that puts you first. With Tandia, you’re not just choosing a competitive rate; you're choosing a locally financed, homegrown banking partner you can feel good about.
Choose Tandia, because when it comes to your home, you deserve a team that cares about your finances, your future, and your community.
*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. Rate is product-specific and subject to change without notice. Some conditions apply. This Annual Percentage Rate 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 and requires mortgage default insurance.
The Best Rates
We promise to offer our members a comfortable mortgage experience with the best low rates on the market.
Convenient Pre-approval
Pre-approval not only helps confirm your price range, it also means you can make an offer with confidence.
Flexible Pre-payments
The best kind of mortgage is no mortgage at all. We can help you get there faster by allowing extra payments here and there.
Payment Relief Options
Unexpected income interruptions can be stressful. We take away that worry with payment relief options during strikes, layoffs and parental leaves.
In-person or Mobile
We can meet where you are. Personalized mortgage advice done easy or remotely. We are here to support you.
Fixed Rate Closed Mortgage
Overview
Our most popular mortgage offers standard 1-5 year fixed rate terms, preferred 'member' rates and the ultimate advantage in flexibility.
This is good for you if:
- You want the most flexibility for repayment and refinancing, including double-up payments anytime, 20% anniversary prepayments and portability.
- You have a minimum 20% down payment for a home.
- You have less than a 20% down payment and require a high ratio mortgage.
Terms and Conditions
Variable Rate Mortgage
Overview
Benefit from the ultimate flexibility with our Variable Rate Mortgage, where interest rate fluctuations can work in your favour. It can be open or closed, and terms offered range from 1 to 5 years.
This is good for you if:
- You watch interest rates carefully.
- You expect interest rates to stay stable or drop.
- Your finances can accommodate a higher payment should interest rates increase.
- You have a minimum 20% down payment for a home.
Terms and Conditions
- Mortgage rates are stated as an Annual Percentage Rate (APR).
- Interest is calculated daily on the outstanding principal and compounds monthly.
- Maximum amortization period is 30 years Legal, appraisal and processing fees apply.
- An open Variable Mortgage allows prepayment or payment in full at any time prior to the term expiry without penalty.
- A closed Variable Mortgage provides the option of paying up to 20% of the principal on each anniversary; full repayment before maturity can only occur if the property is sold.
Tandia Interest Rates
There is no guessing or negotiating required. We will always offer you our best. We post our 'preferred' rates and can provide comparative ‘market’ rate information of the nation’s top five banks to demonstrate our competitiveness. Preferred rates are also automatically offered at renewal time.
It's easy to apply
You can start your mortgage application online it's fast and it's easy. Feel like you'd rather talk to someone? Then call our Member Solutions Centre at 1-800-598-2891 or visit one of our branches (appointments are recommended).
Advice and help
There's a lot to consider when it comes to buying a home. This is one of the biggest purchases you can make. We can walk you through every step of the way and help explore what the different options are. Let us do the leg work and find you the best rates. Contact us for helpful, friendly, easy to understand advice.
Contact us
First-time home buyer
As a first-time home buyer, you probably have many questions. Buying a home involves many decisions. The endless lingo and terms can seem overwhelming. There’s no better place for a tailored personalized mortgage than right here at Tandia. From Home Buyers’ Plan (HBP) to repayment of RRSP funds, let us partner with you each step of the way. Visit our buying a home guide and let's get you started.
MeritLine home equity line of credit
Using the equity in your home to secure this pre-approved line of credit (minimum $50,000) guarantees you one of the lowest rates available for credit. A companion MeritLine Account is your key to convenient access.
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.
Welcome to Tandia
At Tandia, we believe that financial institutions should be accountable to the people they serve. We believe that there’s more than one way to measure success. We believe that our profits should have a positive financial, social and environmental impact on communities.
We understand that everyone is different, and we work hard to tailor solutions that are right for you.
Learn More
We Invest in You
Giving back generously to our community to make a positive financial, social and environmental impact is an important part of what Tandia stands for.
Learn More
Mortgage Calculators
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.
Learn More
We are here for you
Get in touch with us at any time, whether it’s a question about our services or a comment on how we can do things better. Your voice is number one at Tandia.
To report a lost or stolen MEMBER CARD® debit card during regular business hours, call 1-800-598-2891 after hours please call 1-888-277-1043.
Copyright © 2024 Tandia Financial Credit Union Limited. All rights reserved.