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Alterna Bank

Alterna Bank Mortgage Rates

Compare current Alterna Bank mortgage rates in Canada

Member-owned banking with community-focused mortgage solutions.

Best Alterna Bank Rates

Lowest rates by product type

5-Year Fixed

Insured
4.84%

Insured

View Rate

5-Year Fixed

Uninsured
4.99%

Uninsured

View Rate

5-Year Variable

Insured
4.25%

Insured

View Rate

5-Year Variable

Uninsured
4.45%

Uninsured

View Rate

Rate Overview

Best rate for each term and product type

TermFixed InsuredFixed UninsuredVariable InsuredVariable Uninsured
1 year
5.99%Apply
2 years
5.69%Apply
3 years
4.99%Apply
4 years
5.09%Apply
5 years
4.84%Apply
4.99%Apply
4.25%Apply
4.45%Apply

Fixed Rate Mortgages

Lock in your rate for the term of your mortgage

1 year

1 option
Best Rate
Uninsured
5.99%

2 years

1 option
Best Rate
Uninsured
5.69%

3 years

1 option
Best Rate
Uninsured
4.99%

4 years

1 option
Best Rate
Uninsured
5.09%

5 years

2 options
Best Rate
Insured
4.84%
Uninsured
4.99%

Variable Rate Mortgages

Rates change with the prime rate

5 years

2 options
Best Rate
Insured
4.25%
Uninsured
4.45%
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About Alterna Bank

Alterna Savings is one of Ontario's leading credit unions, offering member-owned banking with a strong focus on community and personalized service. Alterna provides a full range of mortgage products including fixed-rate, variable-rate, and home equity lines of credit, all with competitive rates and flexible terms. As a credit union, Alterna returns profits to members through better rates, lower fees, and community investment. Their mortgage specialists work closely with borrowers to find solutions tailored to individual needs, whether you're buying your first home, renewing, or refinancing. Alterna's digital banking platform makes managing your mortgage simple and convenient.

Mortgage Specialties

Fixed-rate mortgagesVariable-rate mortgagesHome equity lines of creditCredit union mortgagesFirst-time homebuyer programs

Unique Features

  • Member-owned, profit sharing
  • Community-focused lending
  • Flexible mortgage terms
  • Competitive credit union rates
  • Personalized service

Popular Cities

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