Ownership Means Easier and More Flexible Mortgages

PACE has the ability to offer more options and greater flexibility than traditional banks because of our smaller size and, as a result, we provide more personal service to accommodate each member’s unique needs and circumstances. Also, since we're a co-operative and not driven to make record profits each year, you’ll enjoy our low rates and fewer fees.

Closed Mortgages

A closed mortgage from PACE gives you the comfort of knowing you have a great rate, the term you want and a repayment schedule that suits your resources.

Learn About Closed Mortgages

Collateral Mortgages

  • PACE-setting rates! A low rate with your home as security.
  • Fast PACE applications!
  • Fully Open! Pay it off at any time.
  • The ultimate in flexible payments:
    weekly, bi-weekly or monthly

 Learn About Collateral Mortgages

Current Mortgage Rates

When you are an owner of the place you bank, it just makes sense that you receive better rates.  PACE members are all owners of the credit union and as such they get the best mortgage rates possible.

View our Rates

High Ratio Mortgages

  • Approved CMHC & GE Capital Lender, up to 95% of appraised value
  • Fast PACE applications!
  • Option to pay down 20% of the original principal annually.
  • Flexible payments: weekly, bi-weekly or monthly

 Learn About High Ratio Mortgages

Open Mortgages

If you need to renew your mortgage and you are unsure what to do, an open mortgage from PACE could be just the solution you need.

Learn About Open Mortgages