Thousands of Canadians have realized their home ownership dreams with us. We'd love to help you too!
Afford Your Dream Home
Secure a low mortgage rate that saves you money. Plus, earn cash back incentives and rewards!
Customize Your Mortgage
It's your home loan. That means you can choose the best options for you! Enjoy friendly guidance and flexibility.
Hear from Our Happy Home Owners
“Their knowledge, professionalism, and commitment to their craft completely put our minds at ease.”
“Their knowledge, professionalism, and commitment to their craft completely put our minds at ease.”
“If you're a first-time home buyer you definitely want them in your corner! Amazing.”
“If you're a first-time home buyer you definitely want them in your corner! Amazing.”
“Amazing to deal with and highly professional. Went above and beyond to assist me.”
“Amazing to deal with and highly professional. Went above and beyond to assist me.”
Discover an Easy, Stress-Free Mortgage Journey
Your mortgage journey should be easy and stress-free. You deserve the perfect blend of competitive rates, flexible terms, cash rewards, and personalized service so you feel supported every step of the way. After all, you're not just choosing a mortgage; you're discovering a path to your dream home.
Your Simple Path to Home Ownership
1. Get Expert Advice
Connect with your personal mortgage advisor who will help you tailor the perfect plan that fits your budget.
2. Secure Your Mortgage
Apply with ease and receive guidance through every step that ensures a smooth transition to your new home.
3. Celebrate Your Success
Close the deal and step into your new home, with the peace of mind that you’ve made the best choice for your future.
Why choose Innovation?
Competitive Rates
Access rates that help make your dream home affordable.
Flexible Terms
Choose from various mortgage options designed to fit your needs.
Personalized Service
Enjoy tailored guidance from our experts who prioritize your needs.
Transparent Process
Enjoy an easy journey to home ownership with no surprises.
Pay Down Options
Pay down your mortgage without penalty. Save thousands!
Community Connection
Be part of a credit union that invests in community.
$4,000 Mortgage Cashback Terms & Conditions
This offer applies to first time home buyers, next time home buyers and/or anyone who transfers their mortgage loan to Innovation Federal Credit Union (“Innovation”) from another financial institution (the “Applicants”). Mortgage loans must have a principal amount of $100,000 or more, and must be one of the following Innovation Federal Credit Union (“Innovation”) Fixed-Rate Closed mortgages:
- 2-year Closed Fixed (Special) mortgage interest rate with a term of 2 years and amortization of 25 years or less
- 3-year Closed Fixed (Special) mortgage interest rate with a term of 3 years and amortization of 25 years or less
- 4-year Closed Fixed (Special) mortgage interest rate with a term of 4 years and amortization of 25 years or less
- 5-year Closed Fixed (Special) mortgage interest rate with a term of 5 years and amortization of 25 years or less
The offer applies to new consumer residential mortgage loans only. Mortgages for an acreage or home quarter which qualifies for residential mortgage pricing are not eligible for Mortgage Cash Back. The mortgage must have a purchase price or as-improved property value less than or equal to $1,500,000. Mortgage renewals, re-advances or refinances are not eligible for the Mortgage Cash Back offer. Applicants must have an Innovation No-Fee Bank Account and Member Rewards Account. Pre-authorized mortgage payments must come from an Innovation bank account. Mortgage application must be submitted to Innovation by June 30, 2025, and mortgage must be funded within 120 days of application.
Qualifying Applicants will receive cash back based on their mortgage loan amount. Cash back amounts are tiered as follows:
- $1,000 cash back on a mortgage loan of $100,000 – $299,999
- $2,000 cash back on a mortgage loan of $300,000, – $499,999
- $2,500 cash back on a mortgage loan of $500,000 – $749,000
- $3,000 cash back on a mortgage loan of $750,000 - $999,999
- $4,000 cash back on a mortgage loan of $1,000,000 - $1,500,000
Cash back amount will be deposited into the Applicant’s Innovation Member Rewards Account within 30 business days after mortgage funding. In the case of joint mortgages, the cash back amount will be divided equally amongst all mortgage holders. Investment income earned on Member Rewards Account balances may be taxable. If the offer ends before the 30 business days after funding, Innovation will still pay the cash back amount to the Applicants, provided the above terms and conditions are met.
Offer is subject to meeting Innovation’s credit approval criteria. Offer may end or change at any time without notice. From time to time, and without notice, Innovation may change, supplement, or amend these terms and conditions. Offer expires June 30, 2025, but may end at any time without notice.
Offer is non-transferable and is not valid in conjunction with any other Offer unless otherwise stated. Limit of one Offer per Qualifying Account Holder, including for joint Account Holders. The recipient(s) of the Offer is solely responsible for any tax consequences associated with their receipt thereof.