Cash Back Mortgage

We get it! Saving for a down payment can be hard. We are here to help. We offer up to 7% of your mortgage amount in cash back. Our Cash Back Mortgage is available on new, refinanced, transferred in and renewed residential mortgages*.

Features and Benefits:

  • Funds are credited to your account on the day of closing or date of renewal.
  • Available for residential properties only.
  • Cash back can be used for many purposes including deed transfer tax, closing costs and moving expenses or paying loans, lines of credit and credit cards, or towards renovation costs.
  • Cash back can be used to pay back your borrowed down payment.

Until June 30th, on approved credit, accessing a mortgage with East Coast Credit Union means you can also be approved for a $5,000 line of credit*, $500 overdraft*, and a year of waived banking fees!

*Terms and conditions apply. Offer subject to change without notice.

How can I apply?

You can apply for this mortgage option by contacting one of our financial professionals either online, by phone at any of our branches or via our toll-free number to book your appointment today.

 

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