Mortgages

Information for >  Agents and Brokers

UCU offers its members a wide range of mortgage options designed to fit your specific needs. 

Features and benefits of UCU Mortgages:

• Amortization up to 30 years
• Variable, six-month convertible, one to five year closed, 6-month and 1 year open terms available
• Weekly, bi-weekly, semi-monthly or monthly payment schedules, with rapid paydown options
• CMHC or Genworth insured mortgages available for up to 95% of the appraised value of the property, depending on the particulars of the transaction
• Flexible repayment terms and prepayment privileges of up to 15%, to help you pay down your mortgage faster
• Automatic payments from chequing account or by pre-authorized debit from another financial institution
• Arrangements for mortgage life, disability, critical illness and loss of employment insurance can be made through UCU at reasonable rates
• Mortgage inquiries available through U-Touch or UCU Online Banking
• Guaranteed rates for 90 days on resale homes