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Special Offers/Programs
Save Now, Save Later Mortgage
Scotia Free Down Payment Mortgage
The Long and Short Mortgage
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Scotia Mortgage for Self-Employed
Welcome to Canada Program - for temporary residents
Welcome to Canada Program - for permanent residents
 

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Save Now, Save Later Mortgage

Now is the time to find out more about the special rate on our Save Now, Save Later® Mortgage.

You save now with this great rate. And you will save later because we will give you a guaranteed 1.25% off the posted rate should you choose to renew to a 5-year fixed rate closed-term mortgage. Better yet, you can choose to convert to a five year term anytime during the first year of this mortgage, and still take advantage of this offer.1

Offer available until further notice.²

Details
Term: Initial Term: 1-year fixed rate closed term.
Optional Renewal Term: 5-year fixed rate closed term.
Interest Rate:

2.00% off the posted rate for the 1-year term. A guaranteed interest rate discount of 1.25% upon renewal to a 5-year fixed rate, closed-term mortgage. Today's Rate

Financing Available: Conventional and Insured
Payment Frequencies: Weekly, biweekly, semi-monthly, monthly.
Prepayment Options: Prepay up to 15% of the original amount of the mortgage. Increase your payments by up to 15% of the payment set for the current term each year.
Added Benefits: Renew or early renew to a 5-year fixed rate, closed-term mortgage product, with no early renewal interest or prepayment penalties.


Take the next step...
Apply online or get Pre-Approved Now
Talk to us at 1-800-953-7441
Contact your local Scotiabank Branch
Locate a Mortgage Specialist

¹ Some conditions apply.
² Offer can be withdrawn at any time.



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