Residential Mortgages
Perfect solution for the most important decision for your family
New Purchase
Flexible and affordable mortgage options for your new home
- Amortization up to 30 years
- Borrow up to 80% of your home value
- Borrow-as-you-pay option available (Home Equityline)
- Variable & fixed interest rate
Refinance
Access the equity you deserve
- Access up to 80% of your home value
- Flexible amortization up to 30 years
- Switch mortgage provider, renovate your home, consolidate debts for a lower interest rate, or use equity from your home for other purposes
HELOC
(Home Equity Line of Credit)
A convenient borrowing option with flexibility and lower costs
- Borrow up to 65% of your home value through line of credit
- Can be combined with your mortgage to borrow up to 80% of home value in total
- Pay interest only on the amount you used
- Pay down principal whenever you can and the money is available again
¹ Subject to meeting Shinhan Bank Canada’s usual lending criteria