1. As of June 28, 2024, Coast's advertised rate on a 5-year fixed high ratio mortgage is lower when compared to the average of the 5-year fixed high ratio mortgage rates advertised by the big five banks, based on independent external third-party market research.
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3. The $500 appraisal and legal credit is available for new closed mortgage loans with a principal amount not less than $300,000 and having a term not less than three (3) years. Must be a mortgage loan on a primary residence and either a first mortgage, or a second mortgage behind a Coast Capital Savings first mortgage. Re-financed mortgages and subsequent advances on mortgage loans are not eligible. Coast Capital Savings Federal Credit Union may limit the availability of the $500 appraisal and legal credit from time to time at its sole discretion. Coast Capital Savings Federal Credit Union may change or terminate this offer at any time and without prior notice. All decisions by Coast Capital Savings Federal Credit Union regarding this offer are binding on all participants. Other conditions will apply. Contact us for details.
4. APR calculation is based on a $300,000 mortgage at a 25 year amortization, assuming an appraisal fee of $300 (which includes fees associated with determining the value of the property). If there are no additional cost of borrowing charges, the APR and the interest rate will be the same. The APR assumes that the interest rate does not vary over time. Rates are subject to Coast Capital's standard lending criteria.
Founded on purpose, driven by impact.
For more than eight decades, Coast has been the go-to financial partner for those who demand more than the ordinary banking experience. Our commitment to making a measurable impact continues to drive our efforts in creating opportunities for businesses and people in Canada to thrive.