Mortgages 

Your dream home is only a signature away

Settle into your new home with a custom mortgage

Enjoy freedom and comfort with a mortgage that fits your lifestyle and goals

Buy your first home, renew, or refinance, with a mortgage that offers affordable payments, extra payment options, and an annual cash rebate.


  • Flexible options
    • Re-advanceable mortgage
      Borrow back up to 80% of your home’s value
    • Interest rates and terms
      Choose from closed or open, and fixed or variable term options
    • Payment frequency
      Select monthly, semi-monthly, bi-weekly, and weekly payment plans
    • Multiple loans secured by your home
      Save time and money with a one-time registration and avoid extra legal fees for re-advancements
  • Features
    • Consolidate debt
      Reduce your overall interest and combine your loans and lines of credit into one monthly mortgage payment
    • Pay your mortgage off faster
      Increase payments up to 20% or make an annual lump sum payment up to 20% of your principal
    • Lower down payment options
      Put as little as 5% down with a high-ratio insured mortgage
    • Receive an annual cash rebate
      Earn cash on interest paid during the previous calendar year through memberSHARE*


*memberSHARE Loyalty Program dividend, bonus and rebate percentages are announced annually and payment is not guaranteed. A $5 minimum payment per account is required to receive payment.


memberSHARE eligible

Earn when you borrow
Mortgages are memberSHARE eligible. Earn cash bonuses every year when you bundle qualifying products.

“Over $200 was automatically deposited into my account this year just because I have a mortgage with Aldergrove credit union.”

- Tom B. from Langley

Specialty mortgage

Build your dream home

Get financing as you need it with a construction mortgage.

  • Get pre-approved for the entire project before you start
  • Access funds as needed to pay vendors as you go
  • Convert to a conventional or high ratio mortgage when construction is complete


Apply now Book an appointment

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More custom mortgage features

memberSHARE
Loyalty Program

Eligible for annual product bundle payments and cash rebates on loan interest*
Made to fitSmart financing options tailored to your budget, whether you’re a conventional or high ratio borrower
Free transfersWe’ll pay your legal fees when you bring your mortgage to us from another financial institution**
Blend and extend

Take advantage of lower interest rates by refinancing your closed mortgage and get a new rate without penalties

Portable

If you choose to move, you can keep your mortgage and transfer it to your new home

Construction mortgage

Build your dream home and get financing as you need it

Mortgage protection

Get insurance to cover your payments in case of the unexpected

*memberSHARE Loyalty Program dividend, bonus and rebate percentages are announced annually and payment is not guaranteed. A $5 minimum payment per account is required to receive payment.

**Terms and conditions apply.

Knowledge Centre: home buying and mortgages

Mortgage advice
Buying your first home

Prepare to start your search for the right home from getting pre-approved to understanding your financial responsibilites.

Mortgage advice
Renewing vs. refinancing

Learn what works best for you if your mortgage is up for renewal or you’re thinking about refinancing.

Mortgage advice
Moving to the Fraser Valley

Enjoy affordable living, experience the natural beauty of the Valley, and find local events and activities for you and your family.

Renew your mortgage

Make the switch to Aldergrove Credit Union

Get the freedom of a personalized mortgage along with some additional member perks:

  • Bring your mortgage to us and we’ll pick up the tab for your legal fees*
  • Get a mortgage that works for you, from flexible payment plans to additional borrowing options
  • Earn cash back on your mortgage every year through our memberSHARE Loyalty Program

*Terms and conditions apply.

Mortgage benefits

Earn cash back on your mortgage every year

Take your sweetheart out to dinner, donate to a cause close to your heart, or save it for a rainy day.

The more banking you do with us, the more you earn. Here’s how much money you can get back with a mortgage:

  • Total mortgage: $500,000
  • Payment frequency: monthly
  • Interest rate: 2.99%
  • Interest paid during the first year: $14,672
  • memberSHARE rebate at 1.5%*: $220.08
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5-year closed fixed

2.04%

5-year insured fixed

1.94%

5-year closed variable

Prime - 0.40%

Other fees and terms

*Rates are subject to change without notice.

Mortgage calculator

Use the mortgage calculator to determine how much you can borrow and to estimate your
monthly mortgage payments.


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Mortgage tips

Why choose our re-advanceable mortgage?

Quickly and easily borrow up to 80% of the equity in your home. You can:

  • Borrow for home renovations, a new truck, a cabin, or a vacation
  • Keep all of your borrowing products under one roof
  • Save time by doing the paperwork once
  • Save money by only paying one set of legal fees
Mortgage tips

Get pre-approved for a mortgage

Being pre-approved helps you understand how much you can afford. In addition:

  • Your rate is guaranteed for 90 days
  • You can focus on looking at the right homes
  • It gives you extra bargaining and negotiating power
  • You can be confident in knowing your budget
  • It results in a faster closing process

Choose Aldergrove Credit Union

Earn cash back

Earn bonuses and rebates on products, plus dividends on equity shares paid annually.

3,600+ ATMs

Access your money across Canada with over 3,600 free ATMs and six local branches.

Digital banking tools

Budget, bank and learn using online and mobile banking solutions 24/7.

No-limit banking

Get excited to save and spend with affordable account options including unlimited transactions.

How to reach us

Email

Send us an email and get a response within one business day.

Call

Monday - Friday
8:30 am - 5:30 pm
Saturday 8:30 am - 3:30 pm

Meet with us

Book an appointment with a
Financial Advisor.

Visit a branch

Stop by any branch and we promise you’ll get a smile.

Payment protection coverage is optional and is underwritten and provided by CUMIS Life Insurance Company. Coverage is governed by the terms and conditions of the creditor group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements.

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