Member notice: Important changes are coming to your personal financial statements with Prospera. Notably, we'll be changing the method of distributing T5 slips, followed by enhancements to your account statements. Click here for more details.
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Prospera has fixed rate, variable rate and special insured mortgages.
Personal borrowing

Compare mortgages

Choosing a mortgage is a lot easier than finding your dream home. Seriously. Let’s walk you through it. 
Fixed rate mortgage

No surprises

Fixed rate mortgages are predictable with no surprises.

Whoever said predictability is boring does not appreciate the benefits of a fixed rate mortgage.


  • Choose a term from 1 year to 10 years
  • Open or closed options for 1-year terms
  • Low payments with up to 30-year amortization

Variable rate mortgage

Lower rates

Variable rate mortgages offer lower but changing rates.

Take advantage of declining interest rates with a variable rate mortgage. And if rates start to rise, you can lock in any time.


  • 5-year closed term
  • Payments stay the same even if interest rates change
  • Pay more principal when interest rates are low

No matter which mortgage you choose, you always get:

  • A 3-month rate guarantee: Even if rates rise before your mortgage is advanced.
  • Flexible payment schedules: Make payments monthly, bi-weekly or weekly.
  • A portable mortgage**: You can transfer it to a new property when you move.
  • An assumable mortgage**: You can sell your low interest rate mortgage with your house and swing a sale in your favour.

And member perks? We got ‘em:

  • Switching is easy since we take care of the paperwork.

Book an appointment

Ways to bank with us

The many ways you can access your accounts, documents, statements, and more:
Mortgage sign up

Apply online

Work with us to get a mortgage for your dream home.

Are you in the market for a mortgage? Apply online with ease and see what rates we can get for you.

Apply now

How to reach us

Call our Member Service Centre

Toll free
1 888 440 4480

Monday to Friday
8 am - 8 pm

Saturday 9 am - 5 pm

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Send us an email