Get a competitive interest rate up front. We’re all about keeping things simple, including Mortgages. So don’t stress over the numbers and calculations – we’ll walk you through it all. Whether you’re buying a new home or refinancing, we’re here to work with you and can get you to Mortgage freedom faster.


5 Year

Interest rate (Variable)


1.37% footnote *

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A Mortgage that can get you to the finish line fast(er).

Apply for a Mortgage by August 20, 2021 and cross the finish line with a cash Bonus of $1,500 footnote asterisk asterisk. Plus, a great low rate like our 5 year variable rate Mortgage, which is now at 1.35% / 1.37% APR footnote asterisk , could help you make your big move.

Earn a Bonus of $1,500 if you’re approved for an eligible Tangerine Mortgage of at least $250,000 and it funds within 120 days of your application submission. The Bonus will be deposited to your Tangerine Chequing Account within 30 days of the funding of your Mortgage.

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Key Features

Great rate
Get a great rate up front guaranteed for 120 days.
Dedicated support
Once you’ve applied, you get a dedicated Mortgage Account Manager to help you every step of the way.
Flexible prepayment options
Each year you can make lump sum prepayments up to 25% of your original Mortgage amount, and increase your regular Mortgage payments by up to 25% of your original Mortgage payment. You can do this on any payment date.
If you happen to move, you can take your Mortgage with you penalty-free at your current rate, term and loan amount.

Current interest rates

Annual interest calculated semi-annually not in advance.
Term Duration Term Type Term Interest Rate
5 Year Variable Mortgage
1 Year Fixed Mortgage
2 Year Fixed Mortgage
3 Year Fixed Mortgage
4 Year Fixed Mortgage
5 Year Fixed Mortgage
7 Year Fixed Mortgage
10 Year Fixed Mortgage

Secure your rate

A Mortgage Rate Hold is a great way to secure your rate for 120 days. If you are new to Tangerine, all you have to do to request a Mortgage Rate Hold is sign up as a Client and set up a PIN – there’s no need to complete a full application. If you’re an existing Client, proceed to Secure Your Rate.
If you choose one of our fixed rates, a Mortgage Rate Hold guarantees that you’ll get that rate, as long as you submit the Mortgage application and the Mortgage funds within 120 days from the date you requested the Mortgage Rate Hold.
If you choose the 5 year variable rate, you’re guaranteed the difference, or spread, between Tangerine Prime and the offered rate for the rate guarantee period. Keep in mind, Tangerine Prime can change at any time, but the spread would stay the same during the rate guarantee period.
Secure Your Rate Secure Your Rate
Get started with Tangerine Get started with Tangerine Get started with Tangerine

Get started with Tangerine

Here are the steps:
  • 1
    Apply online.
  • 2
    Once you’ve applied, you get a dedicated Mortgage Account Manager to help you every step of the way.
  • 3
    No need to stress over calculations – we’ll help make the numbers work for you.
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Don’t think this Account is for you? Take a look at our other options.

Home Equity Line of Credit
Learn More

Chequing Account
Learn More

Check out these helpful articles

footnote asterisk As at June 17, 2021. The Annual Percentage Rate (A P R) is compounded semi-annually, not in advance. The A P R calculation is based on a Mortgage of $250,000 with a 25 year amortization and an appraisal fee of $250, which will be required to complete your lending application (actual appraisal fee may vary). A P R calculation on a variable rate is based on the posted rate but may change as Tangerine Prime changes. Rates are subject to change without notice.
footnote asterisk asterisk The cash Bonus Offer (the “Offer”) is available between June 17, 2021 and August 20, 2021 (the “Offer Period”). Offer applies to new Mortgage applications for a home purchase only. The new Mortgage amount must be at least $250,000 CAD with an amortization of 25 years or less and must be set up as a closed fixed rate Mortgage with a 5 year term or greater, or a closed variable rate Mortgage with a 5 year term. Applications for the transfer of an existing mortgage with another lender or financial institution to Tangerine Bank, a Home Equity Line of Credit, refinancing of existing Tangerine Mortgages, increases to existing Tangerine Mortgage amounts, renewals of existing Tangerine Mortgages and/or transfers of existing Tangerine Mortgages to new properties are excluded from this Offer. To qualify for the Offer, the Mortgage application must be submitted to Tangerine Bank during the Offer Period and the Mortgage must fund within 120 days of application submission. Applicants must submit to a credit check as part of the Mortgage application process and be approved for the Mortgage per Tangerine’s underwriting guidelines and credit granting criteria, which includes approval for mortgage default insurance, where applicable, by the mortgage default insurer. The cash Bonus (the “Bonus”) of $1,500 CAD will be paid to the Client’s Tangerine Chequing Account provided that all conditions of the Terms and Conditions are complied with. To receive the Bonus, the eligible Client must have a Tangerine Chequing Account into which the applicable Bonus will be paid. The $1,500 will be paid within 30 days of the funding of the Mortgage. Limit of one (1) Bonus per Mortgage. The Offer can’t be combined with any other discounts, offers, or promotions. The Full Offer Terms and Conditions are available here.
All Mortgage and Home Equity Line of Credit applications are subject to meeting Tangerine Bank’s standard credit criteria, residential mortgage standards and maximum permitted loan amounts. Conditions may apply. Interest rates are provided for information purposes only and are subject to change at any time without notice. Variable interest rates will change as Tangerine Prime changes. The Home Equity Line of Credit interest rate is a variable rate per year equal to Tangerine Prime plus an adjustment factor and will change automatically when Tangerine Prime changes.