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We’ve updated our website! You’ll notice a fresh new look as we’ve made improvements to enhance your experience. As we complete the transition, some areas may continue to settle in, but everything you’re looking for is still here.

Personal Mortgages

Whether you're buying your first home, renewing your mortgage, or refinancing, Mainstreet offers flexible mortgage solutions designed around your goals and supported by local advice.

The benefits of a Mainstreet Mortgage

Flexible mortgage options

Choose fixed or variable rates with options to port, switch, or adjust your mortgage as life changes.

Competitive rates and terms

Lock in your rate for up to 90 days while you shop for your home with confidence.

Advice from a dedicated local advisor

Work with a Mainstreet advisor who guides you through every step, from pre-approval to renewal.

Prepayment options to pay down faster

Make lump-sum payments or increase regular payments to reduce interest and become mortgage-free sooner.

A mortgage is more than a rate. It’s a long-term financial decision that should adapt as your life changes.

At Mainstreet, your mortgage is built around your plans. Our advisors take the time to understand your goals and recommend options that balance flexibility, affordability, and long-term confidence.

You’ll receive guidance at every stage, from pre-approval through to renewal, so you can move forward knowing your financing continues to support your future.

Get pre-approved today

A pre-approval from Mainstreet helps you shop smarter. We’ll review your goals, explain your options, and give you a clear picture of what you can afford.

Get pre-approved (external link)
  • 1

    Book an appointment

    Connect with a Mainstreet advisor to discuss your goals and explore the best mortgage options for you.

  • 2

    Gather your documents

    We’ll walk you through what’s needed. Our advisors ensure the process stays simple and stress-free.

  • 3

    Receive your pre-approval and expert advice

    Get pre-approved and receive personalized advice that helps you shop for your new home with confidence.

Buying a home at Mainstreet

When you get a mortgage at Mainstreet, you’re getting more than financing for your home. Our advisors take the time to understand your goals and help you explore mortgage options that fit your budget, your plans, and your future. Below are some of the common mortgage options to consider when buying a home.

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Fixed rate mortgages

Lock in your interest rate and enjoy stable payments throughout your term. A fixed-rate mortgage can provide peace of mind by protecting you from changes in interest rates.

  • Interest rate stays the same for the entire term

  • Predictable payments that make budgeting easier

  • Terms typically range from 1 to 5 years

  • Prepayment options to help pay down your mortgage faster

Book an appointment (external link)
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Variable Rate Mortgage

A variable-rate mortgage moves with changes to Mainstreet’s prime rate and may offer lower interest costs over time. It can be a good option for buyers who are comfortable with some rate fluctuation.

  • Your rate adjusts if prime rate changes

  • Often starts with a lower rate than fixed options

  • Potential to save interest if rates decrease

  • Prepayment options to help pay down your mortgage faster

Book an appointment (external link)
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High Ratio Mortgage

A high-ratio mortgage can help make home ownership possible sooner by allowing you to purchase with a smaller down payment.

  • Minimum down payment typically starts at 5%

  • Common option for many first-time home buyers

  • Requires mortgage default insurance

  • Fixed or variable rates available

Book an appointment (external link)

Switching your mortgage to Mainstreet is easier than you think.

If your current mortgage term is coming up for renewal, or if you're looking for better service, rates, or flexibility, our advisors can help you explore your options and guide you through the process.

Many members choose to switch to Mainstreet for:

✓ Competitive mortgage options
✓ Personalized advice from a local team
✓ Flexible features that fit their financial goals

Thinking about switching your mortgage?
Our advisors are here to help you explore your options.

Meet with an advisor (external link)
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Access the equity in your home

As you pay down your mortgage and your home increases in value, you may be able to access some of that equity to support your financial goals. Whether you're planning renovations, consolidating debt, or funding a major purchase, Mainstreet advisors can help you explore your options.

Get started today (external link)

Home equity line of credit

A home equity line of credit (HELOC) allows you to borrow against the value of your home as needed, with flexible access to funds.

✓ Access funds when you need them
✓ Borrow only what you use
✓ Interest is charged only on the amount borrowed

Learn more about Home Equity Lines of Credit
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Mortgage refinance

Refinancing replaces your existing mortgage with a new one, allowing you to access a portion of the equity you’ve built in your home.

Members often refinance to:

✓ Fund home renovations or improvements
✓ Consolidate higher-interest debt
✓ Support major financial goals

Book an appointment (external link)
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What is a Home Equity Line of Credit (HELOC)?

4 min read
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Mortgage Renewal Guide: Everything You Need to Know to Prepare

7 min read
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There’s More to a Mortgage than a Great Rate

6 min read

Buying your first home

Buying your first home is an exciting milestone, but it can also feel overwhelming. At Mainstreet, our advisors are here to guide you through the process and help you understand your options.

Explore our first-time home buyer resources to learn more about saving for a down payment, getting pre-approved, and preparing for home ownership.

View our First time home buyer resources
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First time home buyer blogs

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First-Time Home Buyer Guide

5 min read
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Fixed, Open or Variable Mortgage: What is the Difference?

7 min read
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Why You Should Get Pre-Approved for a Mortgage

5 min read

Saving for a Home

Buying a home starts with a plan. Whether you're beginning to build your down payment or exploring options like the First Home Savings Account (FHSA), Mainstreet offers savings tools and guidance to help you move closer to your goal.

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First Home Savings Account (FHSA)

A First Home Savings Account (FHSA) helps first-time buyers save for a down payment with valuable tax advantages. Contributions may be tax-deductible, and withdrawals used to purchase your first home are tax-free.

This option can be a powerful way to start building your down payment while preparing for home ownership.

Learn more
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Tax-Free Savings Account (TFSA)

A Tax-Free Savings Account (TFSA) can be a flexible way to save toward your down payment. Your savings can grow tax-free, and funds can be withdrawn when you're ready to move forward with buying a home.

Many buyers use a TFSA alongside other savings tools while preparing for home ownership.

Learn more
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High-Interest Savings Account

A high-interest savings account can help you steadily build your down payment while keeping your funds accessible. It's a simple and secure way to grow your savings while you work toward your home buying goal.

This option is often used for short-term savings as you get closer to purchasing a home.

Learn more

Our Rates

Fixed Mortgage Rate

The rate of your mortgage remains fixed for the term, regardless of changes in the market.

4.09%

5-year Fixed

Get this rate

Variable Mortgage Rate

Your monthly mortgage payments can go up or down based on Mainstreet's prime interest rate.

3.85%

5-year Variable

Get this rate

Fixed Mortgage Rate

The rate of your mortgage remains fixed for the term, regardless of changes in the market.

4.54%

5-year Fixed

Get this rate

Rates are subject to change and are based on approved credit (O.A.C.). The interest rate with variable rate mortgages will fluctuate with Mainstreet's Prime Rate. For commercial mortgage rate info, please speak to a Commercial & Agricultural Manager.

Building a new home?

If you’re planning to build rather than buy, Mainstreet also offers construction mortgages with funding provided in stages as your home is built. Our advisors can walk you through the process and help you understand what to expect.

Learn more Book an appointment (external link)
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Try our mortgage calculator

Want to know how much you can afford or what your payments will be? Try our mortgage calculators to compare your options.

Mortgage Calculator (external link) See our Rates

Protect What Matters Most

Your home is more than your biggest investment. It’s the place where your family grows, and memories are made. Mortgage life insurance with Mainstreet helps protect that security if the unexpected happens.

Talk to an advisor (external link)
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