Flex Mortgage

Put the equity in your home to work for you with a Flex Mortgage. It allows you access to revolving credit - meaning you won't have to apply again in the future.


  • Access up to 75% of the value of your home to use as you see fit.
  • Funds are accessible for as long as you own the home.
  • No need to re-apply or re-qualify for future borrowing as this is revolving credit, saving your mortgage registration or refinance fees over time.
  • Split your total mortgage into sub loans for your various borrowing needs.*
  • Each sub loan can be set with different rates and payment terms allowing you to track certain borrowings separately from others.
  • Repayment plans to suit your needs.**
  • Eligible properties are primary residences.
  • Available for conventional mortgages only.
Variable Rate Mortgages* Rates
1 Year Open 3.20%
5 Year Closed 2.45%
Fixed Rate Mortgages Rates
1 Year Open 6.50%
6 Month Closed 3.75%
1 Year Closed 2.69%
2 Year Closed 2.69%
3 Year Closed 2.89%
4 Year Closed 2.99%
5 Year Closed 3.04%
7 Year Closed 3.99%
Cashback Mortgage 5.14%

*Maximum of three sub loans at one time
**Payments can be made weekly, biweekly, semimonthly or monthly

Must meet certain approval conditions. Cost of credit and any fees associated with the loan will be disclosed at time of approval. Payments will vary depending on how each sub loan is set up. Sub loans may be open or closed with a fixed or variable interest rate. A TCU Financial Group chequing account is required for loan activiation. Minimum amount for the main line of credit is $5,000. Maximum revolving portion cannot exceed 65% of the value of your home