We're Here for You

By Phone

Give us a call 24 hours a day, 7 days a week at
1-888-826-4374.

By Online Chat Session
Saving & Chequing

Weekdays 8am - 8pm ET
Weekends 9am - 5pm ET

Investing

Weekdays 8am - 8pm ET

FAQs

If you've got questions, we've got answers.
visit our FAQ's

Face-to-Face

We'd love to have you drop by one of our Tangerine Locations

In Online Communities

Tangerine Mortgage

The Tangerine Mortgage is designed to be paid off sooner.

For starters, you'll always get a great rate up front, without the hassle of haggling. Plus, you can be mortgage free sooner with the most flexible prepayment options around. For instance, every year you can make lump sum payments up to 25% of your original Mortgage amount on any regular payment date.

Features at a Glance:
  • Great rate up front
  • Dedicated Mortgage Account Manager
  • Our flexible 25/25 Mortgage prepayment options
  • Portable

Current Interest Rates:

Annual interest calculated semi-annually not in advance.

Features

Get a great rate up front:

Hassle-free and no need to haggle. And we’ll guarantee the rate for 120 days.

A dedicated Mortgage Account Manager:

Once you’ve applied, you’ll get personalized help to guide you through every step of the way.

Flexible 25/25 prepayment options:

Each year, you can increase your regular Mortgage payments by up to 25% of your original payment amount, and make lump sum payments of up to 25% of your original Mortgage amount – on any regular payment date.

It’s portable:

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

Understanding Collateral Charge Mortgages

When a house is mortgaged, it is used as security against the loan. This security is registered with a land registry office and is commonly known as a “charge”. This charge gives the lender the legal right to claim the registered house if the mortgage defaults. There are 2 types of charges that can be registered by a lender; Conventional (or Standard) and Collateral. At Tangerine Bank, our mortgages are registered as a Collateral Charge.

How is a Collateral Charge at Tangerine different from Conventional Charge?

Collateral Charge Mortgage   Conventional Charge Mortgage
Registered for 100% of the property value   Registered for the loan amount
Interest and payments are based only on the balance outstanding   Interest and payments are based only on the balance outstanding
Creates room for future borrowing up to the charge amount without incurring legal costs *   Future borrowing would involve refinancing through a lawyer with legal costs
Option to add a Home Equity Line Of Credit under current charge without incurring legal costs *   Adding a Home Equity Line Of Credit would involve refinancing through a lawyer with legal costs
Transferring to another lender would involve refinancing through a lawyer with legal costs   Can be transferred “as is” to another lender without incurring legal costs

To learn more about mortgage security, visit this link provided through the Canadian Bankers Association.

Ready to apply?

Applying online is fast and safe. Just click the Apply now button to get started. Or, if you like, you can also apply over the phone by calling us at 1-800-568-2190.