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Where are you on your mortgage journey?

Choose the stage that fits best.

“I want to buy a home”

For first time home buyers or even if you’ve done this before, here are some tools and resources that can help you take the next step.


 

Start your homework

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How to qualify for a mortgage

4 common factors banks look at to see if you qualify.

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Fixed vs variable rate mortgages: what’s the difference?

This article covers some key terms to make your mortgage journey easier to understand


 

Find out what you can afford

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Mortgage Affordability Calculator

A handy tool to see what you may qualify for to buy a home.

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Mortgage Payment Calculator

Another handy tool. Enter the amount you need to borrow to calculate what your monthly payments could be.


 

Get organized

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Hold your rate

For peace of mind, you can secure your rate for 120 days* while you get everything in place.

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Consult our mortgage checklist

Make sure you have all the documents and info you need.

“My mortgage is up for renewal soon.”

It’s never too early to consider your mortgage options. And if you’re renewing or refinancing in the next 6 months, it’s a good time to get started. 


 

Start your homework

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Confirm your renewal date

It’s important to know when your current term ends. Mark your calendars so you have the info handy.

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Mortgage renewal checklist

This helpful article ends with a step-by-step checklist to get tips for before, during and after a mortgage renewal.


 

Secure your rate

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Check and hold your rate

Log in to check your latest rate offer when you’re within 120 days of maturity.* Then you can lock in the rate even if you don’t use it.

“I have big life changes coming up”

When you’re approaching big milestones, there are ways your mortgage with Tangerine can help.


 

Explore your options

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Use your home as a tool

Accessing your home equity could give you more financial flexibility when life changes. There are also options like a Home Equity Line of Credit (HELOC) for those who are eligible.

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Move forward, faster

At Tangerine, you can make lump sum prepayments of up to 25% of your original mortgage amount every year without penalty.

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Life comes at you fast

Maybe you need more funds available for helping your kids, a big project, or another life change. From refinancing to debt consolidation, there’s ways your mortgage can help.

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Do the Math

Let this tool do the math so you can compare different payment scenarios based on your life changes

“I need to make some budget changes.”

When budgeting is on your mind, your Tangerine mortgage can be there to help. Here are some helpful tips for common goals.


 

When you need relief

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See if you can reduce your monthly payments

By talking to a mortgage specialist you can learn about refinancing, extending amortization, or mortgage restructuring options with your Tangerine mortgage.

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Consider debt consolidation

You may be able to combine higher-interest debts into one payment and reduce the interest you pay, depending on your circumstances.


 

Flexible prepayment options

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Increase your regular payments

You could increase your Tangerine Mortgage payment by up to 25% of your original payment amount, each year you can do this on any payment date.

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Make a lump sum prepayment

When you’re able, each year you can make prepayments of up to 25% of your original Tangerine Mortgage amount without penalty.

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Test different payment amounts

Use this tool to see what lower payments would mean over the long term and if it could help improve your current cash flow.

Ask a mortgage specialist

A mortgage specialist can review your current mortgage and walk you through your options to try and help make it more affordable.

Don’t have our Mobile Banking app3 yet? Download it today, so you can bank easily from anywhere.

*When you apply for a Mortgage, your interest rate will be guaranteed from the date you submitted your Application up to a maximum of 120 days. After 120 days, we may adjust the rate if the Mortgage is not advanced. For a variable rate Mortgage, the Tangerine Prime Rate can change at any time, but the adjustment factor will remain the same during the rate guarantee period. Tangerine Prime Rate is the prime lending rate published from time to time by Tangerine and is subject to change without notice.