
Our Mortgages
Our Mortgages
Peace Hills Trust mortgage products offer you choice and flexibility. Whether you are looking for Conventional Mortgage financing or a CMHC Insured Mortgage our competitive mortgage products and mortgage rates can fit your financial needs and budget.
Fixed Rate Mortgages
Fixed Rate Mortgages
6 Month and 1 Year Open Mortgage
Increase Your Options
- Avoid long-term commitments
- Make additional payments without penalty
- Pay off your full mortgage balance without a prepayment charge
- Renew to a longer fixed-rate term without a prepayment charge
1 and 2 Year Closed Mortgages
Keep Your Options Open
- Short-term Commitment
- Prepay your mortgage up to 10% of the original mortgage amount annually
Peace of Mind and Security
- Protect yourself from unexpected costs and fix your repayment over the term of your mortgage
- Prepay your mortgage up to 10% of the original mortgage amount annually without a prepayment charge
Additional Benefits
- Pay off your mortgage over a longer period and amortize your mortgage up to 25 years
- Payment frequency options: weekly, biweekly, semi-monthly or monthly. Ask you Account Manager about accelarating your weekly and biweekly payments to pay off your mortgage faster without having to pay a prepayment charge.
Variable Rate Mortgages
Variable Rate Mortgages
Open Term
- Make additional payments at anytime without a prepayment charge
- Pay off your full balance at anytime without a prepayment charge
- Renew at anytimw and take advantage of current rates without paying a prepayment charge
Closed Term
- Fixed repayment over the term of your mortgage
- Prepay your mortgage up to 10% of the original amount annually without a prepayment charge
Additional Information an Details
- Rate fluctuates in response to changes in Peace Hills Trust Company Prime Rate
- Payy off your mortgage over a longer period and amortize your mortgage up to 25 years
- Payment frequency options: weekly, biweekly, semi-monthly or monthly. Ask your Account Manager about accelerating your weekly and biweekly payments to pay off your mortgage faster without having to pay a prepayment charge.
High Ratio Mortgages
High Ratio Mortgages
- Subject to Canada Mortgage and Housing Corporation Insurance Premiums
- Purchase a home with as little as 5% down
- Open and Closed terms available