CWB Canadian Western Bank

Short-term versus long-term mortgages

Know the difference. Choose the one right for you.

CWB offers mortgages with lengths ranging from six months to five years. Learn more to know which option will best meet your needs.

A short-term mortgage generally has a term length of two years or less. This type of mortgage might be right for you if you think interest rates might decrease by the end of your term.
A long-term mortgage has a term length of three years or more. A long-term mortgage might be right for you if you think interest rates are at a reasonable level and you want the security of budgeting your payments over a longer period of time.

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Stop by your local branch or call today to get started. One of our personal banking specialists will be pleased to help you.

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