Skip to main content

Renewing your Coast Capital mortgage.

MORTGAGES

Top of main content

The earlier you renew, the better.

It’s never too early to plan ahead and discuss renewing your Coast Capital mortgage. Our Mortgage Advisors are ready with personalized advice to help you achieve what matters to you, like living mortgage-free sooner. With flexible options for your renewal, we’re here to help you pay your mortgage off faster. Getting started is as easy as a quick phone call.

Check out our competitive mortgage rates.

Take advantage of today’s great rates.

We make renewing easy. Call our Mortgage Advisors at 1.844.517.7792 or get in touch online.

GET STARTED

Not a Coast Capital member? Learn more about switching.

Not sure what you can afford? Explore your options with our mortgage calculator.

No early renewal penalty. No early renewal penalty.

If you’re 7 months or less from your mortgage maturity date, you’re eligible to renew early without penalty.

Skip the mortgage stress test and appraisal. Skip the mortgage stress test and appraisal.

Avoid the uncertainty because you don’t need to re-qualify your mortgage when you renew with us.

Enjoy preferred rates for members only. Enjoy preferred rates for members only.

As a Coast Capital member, you can access exclusive mortgage rates. Talk with an advisor today.

Take advantage of these options during your renewal.

  • Hold your rate: If you’re 4 months from your mortgage maturity date, you’re eligible to hold your rate for 90 days.
  • Customize your payment timing and amount: Select your term length, mortgage type (variable or fixed) and payment timing. You can also make a prepayment of any amount before you renew to reduce your balance.
  • Bring your same mortgage to a new home: You can transfer your existing mortgage to a new property and remain with Coast Capital. As long as you meet certain requirements, you can keep your existing interest rate and term without paying a prepayment penalty.
  • Manage your debts: Outstanding debts (like credit cards or loans) can potentially be added to your mortgage.

We make renewing easy. Call our experienced Mortgage Team at 1.844.517.7792 or get in touch online. Check out today’s featured rates.  

CONTACT US


Take advantage of these options during your renewal.

  • Hold your rate: If you’re 4 months from your mortgage maturity date, you’re eligible to hold your rate for 90 days.
  • Customize your payment timing and amount: Select your term length, mortgage type (variable or fixed) and payment timing. You can also make a prepayment of any amount before you renew to reduce your balance.
  • Bring your same mortgage to a new home: You can transfer your existing mortgage to a new property and remain with Coast Capital. As long as you meet certain requirements, you can keep your existing interest rate and term without paying a prepayment penalty.
  • Manage your debts: Outstanding debts (like credit cards or loans) can potentially be added to your mortgage.

We make renewing easy. Call our experienced Mortgage Team at 1.844.517.7792 or get in touch online. Check out today’s featured rates.  

CONTACT US


<style>.widget-image{margin-bottom:20px !important;}</style>Mortgage Calculator

Mortgage Calculator

Top of main content

FAQs

Up to 210 days before the current term’s maturity date.
As payments are dependent on the interest rates at the time of renewal, the payments will be lower if renewing at a rate lower than the rate of the current term and vice-versa.
Call our experienced Mortgage Team at 1.844.517.7792 or get in touch online.

Yes, you can pay off as much of your principal balance at renewal.

The mortgage will automatically roll into a 1-year open mortgage, which is often used by those that are not expecting to have a mortgage beyond 12 months.

You might also be interested in:

Creditor Insurance

Home Equity Line of Credit (HELOC)

Members Get It® Mortgages

Our members get more with Members Get It Mortgages. You'll get a great rate2 and up to $1,000 in Help Extras®3.

    • New mortgages with a term of 3 years or more receive $1,000 in Help Extras®
    • Put your Help Extras toward investment products such as term deposits in non-registered or registered accounts such as an RRSP, RESP or TFSA
Learn more
† Read terms and conditions

Terms & Conditions

  1. Closed, residential first mortgages only. Interest rate and approval based on risk profile. Additional fees may apply. If fees apply, the Annual Percentage Rate (APR) could increase. Rates subject to change without notice.

  2. Initial interest rate and APR, compounded monthly.

  3. Some conditions apply for Help Extras. Contact us for details.

Close

Home Equity Line of Credit

Use the equity in your home for renovations, big purchases or even consolidating debt, all at a lower interest rate than a regular loan.

  • Access up to 65% of the value of your home
  • Only pay interest† on the amount used
  • Access money through your chequing account, debit card, cheques, or in branch
  • Pay down the balance any time, and then use it again when you need to
† Read terms and conditions

Terms and Conditions.

† Rate and approval based on risk profile.

Close
Need a hand?
Need a hand?
Let's have a quick Where You're At Money Chat® to help you solve your money matters and determine the right mortgage for you.
Schedule a Money Chat

Other helpful mortgage products.

Here are other mortgage options we’ll go over with you when you get a mortgage from Coast Capital Savings

Multi-purpose Mortgage

With a Multi-Purpose Mortgage, you can split your mortgage into sections, each with its own term length and interest rate. You can borrow up to 80% of your homes equity, make advances any time, and pay the registration and legal fees once, no matter how many times you dip into it.

Mortgage Insurance

Through our partners at Valeyo‡, we offer life and disability insurance for your mortgage which protects you from losing your home if you're unable to make mortgage payments due to injury, illness or death.
Learn more

Automatic Deposits and Payments

Make deposits into your chequing or savings account at a regular frequency. You can also set up automatic bill payments.

Learn more

Take advantage of all the options available during your renewal.

No early renewal penalty.
No early renewal penalty.
If you’re 7 months or less away from your mortgage maturity date, you’re now eligible to renew your mortgage early without a penalty.
Manage your debts.
Manage your debts.

Outstanding debts (like credit cards or loans) can potentially be added to your mortgage. We’ll help you understand your options when it comes to paying off any unsecured debt.

Unlock some of your home’s value.
Unlock some of your home’s value.

Many members find a low-cost Home Equity Line of Credit financially beneficial for many different reasons. Talk to us to find out if accessing the equity in your home is right for you.

Hold your rate.
Hold your rate.

Take advantage of great rates by locking it in. If you’re 4 months from your mortgage maturity date, you’re eligible to hold your rate.

Customize your payment timing and amount.
Customize your payment timing and amount.

Have flexibility of getting a variable mortgage rate but changing it to a fixed rate, penalty free. You can also reduce your mortgage amount by making a prepayment of any amount before you renew.

Bring your same mortgage to a new home.
Bring your same mortgage to a new home.

You can transfer your existing mortgage to a new property and remain with Coast Capital. As long as you meet certain requirements, you can keep your existing interest rate and term without paying a prepayment penalty.

Ready to renew?

Call 1.844.517.7792 to renew right away or contact us online and we’ll be in touch within 2 business days.

CONTACT US

Protect your payments if the unexpected happens.

We offer optional creditor insurance through our partner Valeyo1 to give you and your family the peace of mind that your financial debts, like mortgages, personal loans or lines of credit, will not become a burden in the event of unforeseen circumstances.

It's protection you can count on.

LEARN MORE

Protect your payments if the unexpected happens.

We offer optional creditor insurance through our partner Valeyo1 to give you and your family the peace of mind that your financial debts, like mortgages, personal loans or lines of credit, will not become a burden in the event of unforeseen circumstances.

It's protection you can count on.

LEARN MORE

Mortgage advice that’s available 24/7.

No matter where you’re at in your mortgage journey, we have an entire collection of helpful articles to help you live the real life you want. Explore our first-time homebuyers manual, popular mortgage FAQs and more.

READ ARTICLES

Mortgage advice that’s available 24/7.

No matter where you’re at in your mortgage journey, we have an entire collection of helpful articles to help you live the real life you want. Explore our first-time homebuyers manual, popular mortgage FAQs and more.

READ ARTICLES

Ready to renew?

It’s easy, just call our Mortgage Team at 1.844.517.7792 to get started.

If you prefer to get started online, here’s how:
Step 1
Take a few minutes to complete the online form.
Step 2
We'll contact you within 2 business days to finalize your renewal details including rates and terms.
Step 3

Like what you see? Here's more.

MANAGING YOUR MONEY
When should you consider refinancing your mortgage? 
Refinancing your mortgage can leave you in a much better financial situation. Read up and find out how.
Read article
MANAGING YOUR MONEY
Fixed vs. variable – which mortgage rate is right for you?
What type of mortgage is the most suitable for you? Fixed-rate mortgage or a variable mortgage? This short guide sets out what you need to know.
Read article
MANAGING YOUR MONEY
All about HELOCs and home renovations
Find out how HELOCs work, when you should use one, and some best practices to consider.
Read article
Ready to renew your mortgage?

Call us at 1.844.517.7792 Mon-Sat, 8am-8pm PST; Sun, 9am-5:30pm PST.

or contact us online and we’ll be in touch within 2 business days.

CONTACT US
FIND A BRANCH
  1. Valeyo is a marketer of creditor insurance underwritten by Canadian Premier Life Insurance Company and insurance-related products. This product may not pay off your entire obligation. Any benefits will be payable to your creditor. Exclusions, limitations and terms of availability apply to this coverage. For cost and complete details, contact your Coast Capital Savings lender.