Caisses Desjardins du Québec and Caisses populaires de l'Ontario [Change site]
Renew your mortgage
Is your mortgage maturity date approaching? We offfer several options and will help you choose the one that is best for your situation.
Your mortgage is with another financial institution? Discover the advantages you would get from transferring your mortgage to Desjardins.
Your options
- Renewing your loan
- Re-evaluating your needs and updating your file
- Adapting your mortgage with the Versatile Line of Credit
- Insuring your loan
Renewing your loan
Before maturity
Your mortgage will be due in a few months and you want to make sure you'll get the best rate possible? Renewing 120 days before maturity ensures you the best rate within the previous 4 months of your maturity date.
At maturity
If you simply want to renew your mortgage, your Desjardins advisor can suggest tools and personalized strategies to help you manage your loans.
Re-evaluating your needs and updating your file
Your situation and needs change over time. Perhaps your income has increased or you have new projects since you negotiated your mortgage. It's very useful to determine or update your borrowing profile when you renew your mortgage. Knowing your profile will help you pick the mortgage that is best suited to your circumstances. Ask your Desjardins advisor to help you determine your borrowing profile.
Adapting your mortgage with the Versatile Line of Credit
Renewing your mortgage is the perfect time to get this line of credit with security of mortgage which lets you:
- finance your home and other projects (trip, renovations, children's tuition, etc.);
- manage your loans and vary your payment dates at a better rate.
Find out more
See the Versatile Line of Credit.
Insuring your loan
In the event of disability, Desjardins Financial Security Loan Insurance covers the insured portion of your mortgage payments. In case of death, Loan Insurance covers the insured balance of your mortgage.
Find out more
See the Loan Insurance section.
Did you know?
There are many ways to pay your mortgage off faster and, by the same token, save in interest costs. For example, you could opt for weekly or bi-weekly payments instead of monthly payments. Some mortgages even allow you to make additional payments if
your income changes and you are able to do so. Have a look at a list of tips that will help you pay off your mortgage faster.
View the complete list of our mortgages.
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 At the caisse
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Documents to bring to your meeting.
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Interest rates
Term |
Rate |
|---|---|
"5-in-1" Yearly Fixed-Rate Resetter Mortgage Loan |
3.00% |
5 years (Closed fixed) |
5.59% |
Reduced variable rate |
2.25% |
