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Helping homeownership happen for you

The Borrowed Down Payment Mortgage, unique to Credit Unions, could be the perfect solution to help your dream of home ownership come true—especially for first time home buyers.

Key benefits:

  • Borrow to help with all or part of your down payment
  • Achieve homeownership without a traditional down payment
  • Own a home sooner than the time it takes to save a down payment

Flexible options:

  • Your loan can cover your down payment
  • Flexible repayment options based on your individual profile – including frequency to match pay schedules via fixed payments
  • Pay the loan off as early as you’d like without penalty

Why choose this loan?

It’s convenient

Access funds in many ways, when and where you need it. Set your own schedule and amounts. 

It's flexible

With our flexible options, we can lend you your down payment or help with your closing cost.

Make dreams happen

Our cash back offer can help pay back your down payment loan or help with other mortage costs.

Other mortgage features

Do more with your mortgage

Go for more than basic with a variety of mortgages from East Coast CU. Borrow equity from your home to make purchases, or add to your mortgage and renovate when you buy.

Unlock home equity

Home Equity
Line of Credit

Use the equity in your home to make purchases you need. Explore the possibilities while lowering your borrowing costs with this mortgage option.


  • Borrow up to 80% of the value of your home
  • Save money with a lower interest rate
  • Flexible repayment options



Renovate when you buy

Purchase Plus
Improvement Program 

Start your DIY right after you buy. Renos don’t have to wait with this flexible solution that rolls costs right into your mortgage.


  • Buy and renovate within one mortgage
  • Upgrade immediately after buying
  • Fund improvements at lower rates


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Canada Greener Home Grant

Upgrade with a greener homes grant

The Greener Homes initiative from Efficiency Nova Scotia offers grants of up to $5,000 to help homeowners make energy efficient upgrades to their primary residences. To qualify, Canadians must obtain an EnerGuide assessment prior to installing any upgrades.

See how much you could borrow

Use our loan calculator to determine the amount you can borrow and what your repayment schedule might be.

These calculators are made available to you as tools for independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy. All examples are hypothetical and are for illustrative purposes only. Please visit your branch to seek personalized advice from qualified professionals for all personal finance issues.

Tips for homeowners

Advice for your home ownership journey

Already signed on the dotted line? Find tips and tricks about renovations, home maintenance, and financing in the articles below.


Looking to

Renos don’t have to be stressful. Get useful info on financing options, so all you’ll have to worry about is finding the perfect tile or paint colour.


Home Financing

The Real Home Financing Cost Checklist

This detailed checklist will help you keep track of all the extra costs that sneak up (and add up!) when purchasing a home.


Home Maintenance

Tips for maintaining your home

Welcome to homeownership, where maintenance is a year-round job. Be prepared for every season, and the changes they bring to your home and your budget.

From navigating buying a home and picking the mortgage that's right for you, I am here to provide honest and transparent expert advice to help members make their dreams come true.

We're here to help

Understand your mortgage options with experts like Anastasiya Kamzeeva

Mortgages can be complicated—know your options with expert guidance from advisors like Anastasiya:

  • Understand your options
  • Find the best solution for you
  • Get the lowdown on mortgage features
  • Ask about speciality mortgages