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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