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Equitable Bank Mortgage Rates

Compare current Equitable Bank mortgage rates in Canada

Canada's Challenger Bank with big bank alternatives.

Best Equitable Bank Rates

Lowest rates by product type

5-Year Fixed

Insured
4.09%

Insured

View Rate

5-Year Fixed

Uninsured
4.24%

Uninsured

View Rate

5-Year Variable

Insured
3.45%

Insured

View Rate

5-Year Variable

Uninsured
3.65%

Uninsured

View Rate

Rate Overview

Best rate for each term and product type

TermFixed InsuredFixed UninsuredVariable InsuredVariable Uninsured
1 year
5.39%Apply
2 years
5.09%Apply
3 years
4.49%Apply
5 years
4.09%Apply
4.24%Apply
3.45%Apply
3.65%Apply

Fixed Rate Mortgages

Lock in your rate for the term of your mortgage

1 year

1 option
Best Rate
Uninsured
5.39%

2 years

1 option
Best Rate
Uninsured
5.09%

3 years

1 option
Best Rate
Uninsured
4.49%

5 years

2 options
Best Rate
Insured
4.09%
Uninsured
4.24%

Variable Rate Mortgages

Rates change with the prime rate

5 years

2 options
Best Rate
Insured
3.45%
Uninsured
3.65%
E

About Equitable Bank

Equitable Bank is Canada's seventh-largest bank by assets and the country's leading challenger bank, offering residential and commercial mortgage solutions outside the traditional banking model. Equitable provides conventional and alternative mortgages through the broker channel, including products for prime borrowers, near-prime borrowers, and those requiring specialized financing. Their EQ Bank digital platform offers some of Canada's best savings rates alongside mortgage products. Equitable is known for fast, flexible underwriting, competitive rates, and a tech-forward approach that challenges the status quo of Canadian mortgage lending.

Mortgage Specialties

Challenger bank mortgagesPrime residential mortgagesAlternative mortgagesCommercial mortgagesDigital banking (EQ Bank)

Unique Features

  • Canada's 7th largest bank by assets
  • Fast, flexible underwriting
  • EQ Bank digital platform
  • Broker-only distribution
  • Prime and alternative mortgage products

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