Win your mortgage for a year
Mortgage madness sweepstakes logo
Mortgage madness sweepstakes logo

PLUS

Enter by December 31, 2021 for your chance to WIN your mortgage* for a year1 by:

Getting a Mortgage

A great mortgage rate on your new home could also mean living MORTGAGE FREE1 for a year!

Moving your mortgage

Switch your mortgage from your bank to WFCU or ECU for a chance to WIN1 your mortgage payments for a year!

refinancing your mortgage

Don’t miss out – REFINANCE TODAY1 and you could be our next WINNER!

Learn more about a mortgage at WFCU Credit Union or ECU - A Division of WFCU Credit Union

Fixed rates from six months up to seven years.

  • Get pre-approved online, over the telephone, or in one of our retail locations.
  • Interest rate guaranteed for 90 days when purchasing and for 120 for home construction mortgages.
  • Convenient payment options based on your needs – weekly, biweekly or monthly – let us show you how you can save thousands of dollars on your mortgage with weekly payments.
  • Generous 20:20 prepayment privileges to help you pay down your mortgage faster.
    • Prepay up to 20% of the original mortgage balance on the anniversary date.
    • Increase your payment amount by up to 20% each year on the anniversary date.
    • Double up the regular scheduled payment amount.
  • When you sell your home, generous options are available, including:
    • Take your mortgage rate and term to your new property.
    • The buyer can assume your existing mortgage rate and term.
  • Second mortgages at first mortgage interest rates, with sufficient equity.
  • To protect your family should something happen to you, gain peace of mind with optional group mortgage protection life insurance coverage, critical illness or loss of employment insurance coverage.

Mortgage elsewhere? Transfer it to us, and we’ll pay the legal and appraisal fees associated with the mortgage.

The house you buy may not always be the home you envisioned, but with your vision and MortgagePlus*, we can make your new house your dream home.

With MortgagePlus from WFCU Credit Union and ECU – A Division of WFCU Credit Union, you can borrow more than the home purchase price; for a new kitchen, a new bathroom, or even a new backyard oasis!

And, MortgagePlus is offered at the same rate as our traditional 5-year term mortgage. Why get a secondary loan when you can turn your new house into a dream home with MortgagePlus!

MortgagePlus gives you the opportunity to do renovations now, increasing the value and overall appeal of your home.
 

*Terms and conditions apply.

Get cash back to help pay for things like furniture, renovations, a vacation, etc.

  • Get 3% cash back on a 3-year fixed term, 4% on a 4-year fixed term or 5% on a 5 or 7 year fixed term.
  • Minimum $80,000 new mortgage to be eligible for cash back.
  • Maximum cash back amount is $7,500.
  • Low cash back mortgage rates.
  • Get pre-approved online, over the telephone, or in one of our retail locations.
  • Interest rate guaranteed for 90 days when purchasing and for 120 for home construction mortgages.
  • Convenient payment options based on your needs – weekly, biweekly or monthly – let us show you how you can save thousands of dollars on your mortgage with weekly payments.
  • Generous 20:20 prepayment privileges to help you pay down your mortgage faster.
    • Prepay up to 20% of the original mortgage balance on the anniversary date.
    • Increase your payment amount by up to 20% each year on the anniversary date.
    • Double up the regular scheduled payment amount.
  • When you sell your home, generous options are available, including:
    • Take your mortgage rate and term to your new property.
    • The buyer can assume your existing mortgage rate and term.

To protect your family should something happen to you gain peace of mind with optional group mortgage protection life insurance coverage, critical illness or loss of employment insurance coverage.

Need a mortgage and want it fast?

Don’t wait days or even weeks – WFCU Credit Union and ECU – A Division of WFCU Credit Union offers Same Day Mortgage Approvals!* In today’s real estate market, you need answers quickly. WFCU Credit Union and ECU – A Division of WFCU Credit Union leads the way in outstanding member service with Same Day Mortgage Approvals!*

Visit one of our conveniently located retail locations to get your Same Day Mortgage Approval*, today!

*All mortgage applicants must meet WFCU Credit Union/ECU – A Division of WFCU Credit Union lending criteria. Subject to credit approval. Some restrictions apply. Where a member is eligible for a same day mortgage approval, we will try to give a decision the same day, if not, the decision will normally be given within 24 hours. There is no guarantee of the mortgage amount you will be approved for, if any. The time between mortgage approval and transfer of funds may vary.

Our Featured rates

High Ratio Mortgage

2.09%
  • 5 Year Fixed Rate

Conventional Mortgage

2.19%
  • 5 Year Fixed Rate

Cash Back Mortgage

5.18%
  • 5 Year Fixed - 5% cash back

Rates subject to change. Terms and Conditions may apply. 

1. No purchase necessary. Open to residents of Ontario 18+. To participate, close a mortgage application or renewal with WFCU Credit Union or ECU – A Division of WFCU Credit Union between October 1, 2021 and December 31, 2021 (owner-occupied mortgage loan applications brought through a Mortgage Broker are not eligible). Limit one entry/prize per mortgage/person. Odds of winning depend on number of entries. Math skill testing question required. There are a total of six (6) Grand Prizes available to be won. Each Grand Prize winner will be eligible to have their WFCU Credit Union or ECU – A Division of WFCU Credit Union mortgage payments paid for twelve (12) months, to a maximum of $2,500 per month. 2. In addition to the Grand Prize drawing, all entries received from October 1, 2021 to October 31, 2021 will be entered in to the Early Bird prize #1 drawing and all entries, except the Early Bird prize #1 winner, received from October 1, 2021 to November 30, 2021 will be entered in to the Early Bird prize #2 drawing. For full rules and no purchase method of entry visit mortgagemadness.ca/legal.

*Up to a monthly maximum payment of $2,500.