Mortgage

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.

Term

Year

Interest rate ()

APR

footnote *

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

Purchasing a home?

Apply for a Mortgage by October 31, 2022 and cross the finish line with a cash Bonus of up to $5,000. footnote asterisk asterisk Get the details on this offer here.

or

Looking to switch your mortgage?

You could get up to $1,300^footnote arrow towards your switch fees when you apply for a qualifying Mortgage by October 31, 2022. Check out how it works here.

Apply Now

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.
Portable
If you happen to move, you can take your Mortgage with you penalty-free at your current rate, term and loan amount.

Get started

Let's have a Mortgage talk

Interested speaking to us to learn more? We'll get your contact info and get in touch with you.

Mortgage Amount Estimator

Use this handy calculator to get a sense of the Mortgage amount that could work for you.

Secure your rate

A Mortgage Rate Hold is a great way to secure a rate for 120 days, without first having to complete a full application. Learn More
Secure Your Rate

Apply Now

Once you’ve applied, you get a dedicated Mortgage Account Manager to help you every step of the way.

No need to stress over calculations – we’ll help make the numbers work for you.
Apply Now

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
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.
Apply Now

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

Legal Stuff
footnote asterisk As at . 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 $350,000 with a 25 year amortization, an appraisal fee of $250 and a funding processing fee of $280. Actual appraisal fee and funding processing 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 December 16, 2021 and October 31, 2022 (the “Offer Period”). Offer applies to new Mortgage applications for a home purchase only. The new Mortgage amount must be at least $350,000 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”) is $2,000 for Mortgage amounts between $350,000 and $749,999 or $5,000 for Mortgage amounts of $750,000 and up and 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 Bonus 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.
footnote arrow The Tangerine Mortgage Transfer Fee Offer (the “Offer”) applies only to the following applications submitted between September 13, 2022 and October 31, 2022: (i) to transfer an existing mortgage of at least $150,000 held with another lender to a Tangerine closed fixed rate Mortgage with a minimum 3 year term or a closed variable rate Mortgage with a 5 year term and/or (ii) for a new Tangerine Home Equity Line of Credit (the “Loan”). The Loan and/or Mortgage must fund within 120 days of application submission. Provided all Offer conditions are met, Tangerine Bank will pay Client’s legal and appraisal costs for services ordered directly or approved by Tangerine Bank and discharge fees (other than any prepayment charges) charged by the other financial institution up to a maximum of $1,300. Payment will be made directly by Tangerine Bank to service providers and/or financial institution as applicable. This Offer can’t be combined with any other discounts, offers, or promotions. The Full Offer Terms and Conditions are available here.
Apply Now