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Our mortgages

Note
Owning a home - Mortgage loans - Reduced rates

Mortgage loans starting at 1.50%
Take advantage of Desjardins mortgages now starting at 1.50%1.

Which type of mortgage should you opt for? An open mortgage Open mortgage: An open mortgage is short-term and can be paid back at any time, in whole or in part, without penalties. Because the interest rate is generally higher than the rate of a closed mortgage for the same term, it's good if you're expecting to repay a significant portion of your mortgage soon.  or a closed mortgage Closed mortgage: A closed mortgage lets you choose a term from 6 months to 10 years, which offers the security of a fixed rate for a longer term. The interest rate is lower than that of an open mortgage. You can make advanced payments. ? At a fixed rate Fixed rate: The fixed rate remains stable until the end of the term. You to know what the credit charges and due date of your loan are right away. It can apply to both open and closed mortgages.  or variable rate Variable rate: The variable rate fluctuates with the Caisse centrale Desjardins prime rate during your mortgage term. This allows you to benefit from possible rate decreases and, consequently, pay back your mortgage sooner. Your payments remain the same, even if the rates fluctuate; only the amortization period (number of years necessary to pay back your loan) varies based on rate fluctuations. ? Among the following profiles, choose the one that best describes you.

 
Borrowing profile
Suggested mortgages
You're looking for rate and payment stability.
Stable rates and payments:
  • Closed Fixed Rate
  • Open Fixed Rate
You prefer stable payments, but you want to take advantage of low rates.
You have some tolerance for rate fluctuations.
Variable rates and stable payments:
  • Closed “5-in1” Yearly Rate Resetter Mortgage
  • Closed Protected Variable-Rate Mortgage
You want to take advantage of low rates.
You are moderately sensitive to interest rate and payment fluctuations.
Variable rates and payments:
  • Closed Reduced-Rate Mortgage
  • Open Regular Variable-Rate Mortgage
You’re looking for an extremely flexible, tailored financing tool.
You want to be able to group all your loans in a single loan or to diversify your risk or loans based on your projects.

Find out more

See the Desjardins mortgage comparison chart (PDF, 100 KB) or contact an advisor at your caisse.

How to get this product
Online Online
(Members)
At the caisse At the caisse
Make an appointment with a caisse advisor:
Documents to bring to your meeting.
Through a mortgage representative Through a mortgage representative
Make an appointment for a house call:

1. Rate applies to year 1 of "5-in-1 Yearly Fixed-Rate Mortgage Loan". Subject to change without notice. Certain conditions apply.


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Interest rates

Mortgage loan
As of February 9, 2010 Available in RSS format
Term
Rate
"5-in-1" Yearly Rate Resetter Mortgage Loan
3.00%
5 years (Closed fixed)
5.39%
Reduced variable rate
2.25%
Other rates – Mortgage loan

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