A mortgage renewal gives you the opportunity to discuss and update the following with your Advisor:
- Rates. Cornerstone offers competitive rates at time of renewal.
- Payments. Pay your mortgage off faster without penalty by making full or partial lump sum payments at this time.
- Early renewal. Perhaps there is an opportunity to save on interest with a great rate. Cornerstone provides the opportunity to renew your mortgage early - up to 90 days - without penalty.*
- Your financial goals. If you've been considering a renovation or large purchase, let us know! We can add this onto your mortgage at renewal time.
*Dependent on mortgage product.
Mortgage products to suit your needs.
Straight Rate Variable with Cap
Our Straight Rate Mortgage, only it includes the flexibility of a floating rate and the added security of a capped rate.
Flex Rate Variable with Cap
Offers all of the convenience of our Flexible Mortgage but includes the added benefit of a floating rate with the security of a capped rate.
A straightforward mortgage offering the lowest rate and prepayment flexibilities, without any extra perks.
An all-in-one product. All of your transactional, mortgage, loans and line of credit are in one convenient account.
Offers peace of mind as your rate is fixed throughout your term.