Your home may be the largest investment you’ll ever make. At Alterna, we understand how important the decision is, and we want to help you choose the best mortgage for you and your family's needs and lifestyle.

Dependable mortgage solutions, made just for you. That's what an Alterna mortgage is all about.

Fair Rate Pricing

Alterna Fair Rate Pricing™ is our mortgage pricing commitment to you.

It's our promise that:

• We'll give you fair, competitive rates - no need for shopping around
• You'll automatically get our best rate, without all the back-and-forth haggling
• We'll be open and transparent with our mortgage rate pricing, so you'll always know what you're getting
• Even if interest rates rise, you’ll get the rate we agreed on with our 120-day rate or variance guarantee

Choice

At Alterna, we offer a variety of mortgage types and products so that we can create a solution that fits your needs:

• Closed or Open Term Mortgages 
• Fixed or Variable Interest Rate Mortgages 
• Cash Back Mortgage for additional cash flow at home-buying time
• Multi-Option Mortgage for convenient access to additional credit
• Investment Mortgages (or non-owner occupied)

Flexibility

Alterna offers many repayment options. See our Mortgage Comparison Chart (PDF) to review your choices.

Savings

You can become mortgage-free faster and save thousands of dollars on your mortgage.

Peace of Mind

Protect yourself and your family with payment protection solutions.

For variable rate mortgages, the rate guarantee applies to the variance to Prime.

*Some conditions apply. Offer may be changed or withdrawn at any time without notice. Cannot be combined with any other offer or discount. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the Interest rate. Applies to owner-occupied residential properties only. Mortgage funds must be advanced within 120-days from the date of application. Prepayment, credit and amortization restrictions apply. Prior to maturity date, cannot be refinanced or blended with any other loan. See in-branch for complete details. Alterna Savings and Credit Union Limited operates as Alterna Savings.