We are pleased to offer a number of mortgage* products and payment options for you to choose from:

  • Our variable rate mortgages are ideal if you want to have your mortgage rate float with the prime interest rate.
  • Our fixed rate mortgages are ideal if you are concerned about future interest rate increases.
  • Our open mortgages let you pay off your mortgage early without penalty, for example, if your house is sold.
  • Our flexible mortgages give you the freedom of revolving credit. Your mortgage balance will fluctuate as you make payments to it, or use funds from it, up to the established credit limit.
  • Our consumer revenue property mortgage helps you invest in a residential income property.
  • Our consumer construction mortgage helps you build the home of your dreams.  Click here Excel Document to view our construction mortgage worksheet which outlines some of the costs involved with the construction of a new home.**
Earn with Member Rewards!

A Member Rewards Bonus Applies HERE!
With our Member Rewards program, you earn cash dividends you can use today AND cash we tuck away for you in a long-term investment with a great rate, simply by doing business with us!

The amount is based on interest paid on your loans/mortgages and earned on your investments, so you'll EARN REWARDS on this product.

When applying for a mortgage, your lender will need some documents and information. Here is a mortgage application checklist PDF Document to help you out.


Apply online for a mortgage today or to discuss a mortgage, you can:

*Innovation Credit Union will lend for properties located in Canada only.

**Additional information could be required depending on the type of construction project you are undertaking.
It's not too late
It's never too late to insure your loan.  We can help you explore your insurance options to guarantee you're protected if something unexpected should happen.

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Federal Continuance

For information on upcoming changes to DEPOSIT INSURANCE if we become a federal credit union, see our disclosure notice. Creditors who have concerns may contact Innovation Credit Union.

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