Residential Mortgages

TERM FIXED RATE
6 Months 4.50%
1 Year 3.25%
2 Year 3.50%
3 Year 4.00%
2nd Mortgage 8.75%

Canada Safeway Employees’ Credit Union offers members convenient, hassle-free mortgage financing at competitive rates. Because our single focus is Safeway employees and their families, we understand your unique needs and concerns – and we work with you so you can buy the home you’ve always dreamed of.

Unlike most financial institutions, we give you the flexibility to increase your payment – even pay your mortgage in full – at anytime without penalty so you can truly own your home faster.

You’ll always enjoy these great features with a Safeway Employees’ Credit Union mortgage:

  • Conventional & CMHC financing – Financing up to 80% of current appraised value or purchase price or whichever is less. Put as little as 5% down on your first home.
  • You choose your mortgage amortization to a maximum of 25 years.
  • We offer fixed rate terms from 6 months to 3 years.
  • Approval within 24 hours or less. (subject to certified appraisal)
  • Increase your payments at anytime with no penalty.
  • Group Mortgage Protection is available with all mortgages.