Your higher state awaits with a 2.69%** APR rate.

Switch to CWB and transcend the expected with your 5 year fixed term mortgage.
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Find mortgage renewal

Renew your mortgage and your financial frame-of-mind. By switching from another provider to CWB’s 2.69% 5-year fixed term mortgage, you’ll find substantial savings and a whole lot of homeownership zen. Now that’s what we call manifesting abundance.

Connect with an Account Manager

Seeking savings?

CWB’s 2.69% 5-year fixed rate mortgage leaves more money in your pocket every month. Money that adds up to big savings over your term compared to how much you would pay with one of our competitors.

Based on:

  • $300,000 mortgage
  • 12 monthly payments/year
  • 5-year fixed term
  • 25 year amortization period

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Mortgage Payment Calculator

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"Do not settle for the mortgage that is easiest for you.
Strive for the mortgage that is best for you." 

Find a branch

If you need more information you can contact your local branch.

Corporate Office
3000-10303 Jasper Avenue
Edmonton AB T5J 3X6
Mon - Fri: 8:00am - 5:00pm
Edmonton 103rd Street
Main Floor, 10303 Jasper Avenue NW
Edmonton AB T5J 3N6
Mon - Wed: 9:30am - 4:30pm
Thursday: 9:30am - 5:00pm
Friday: 9:30am - 4:30pm
Edmonton Main
100-12230 Jasper Avenue
Edmonton AB T5N 3K3
Mon - Wed: 9:00am - 4:00pm
Thursday: 9:00am - 5:00pm
Friday: 9:00am - 4:00pm
Saturday: 10:00am - 3:00pm
Old Strathcona
7933-104 Street
Edmonton AB T6E 4C9
Mon - Wed: 9:00am - 4:00pm
Thursday: 9:00am - 5:00pm
Friday: 9:00am - 4:00pm
South Common
2142-99 Street
Edmonton AB T6N 1L2
Mon - Wed: 9:00am - 4:00pm
Thursday: 9:00am - 5:00pm
Friday: 9:00am - 4:00pm
West Point
17603-100 Avenue
Edmonton AB T5S 2M1
Mon - Wed: 9:00am - 4:00pm
Thursday: 9:00am - 5:00pm
Friday: 9:00am - 4:00pm

**Interest rate compounded semi-annually, not in advance. Interest rate may be changed, extended or withdrawn at any time without notice. Promotional rates are discounted rates and are not the posted rates of CWB. Residential mortgages offered by CWB are subject to its standard lending qualification criteria. Assuming no additional fees are charged, the Annual Percentage Rate is the same as the Interest Rate. The Annual Percentage Rate (APR) is calculated semi-annually, not in advance and is based on a 25 year amortization. Applies to residential real estate only, subject to meeting CWB credit granting criteria.

Terms & Conditions

From April 1, 2019 to July 31, 2019 (the “Offer Period”), obtain a special promotional rate on 5-year fixed rate closed mortgages (the “Promotional Rate Offer”) when you get a new CWB mortgage or transfer your existing mortgage from another financial institution to a CWB mortgage.
To qualify for the Promotional Rate Offer, you must:

1. Apply and be approved for:
a. A new high-ratio CWB mortgage or a transfer of your existing high-ratio mortgage from another financial institution to a new CWB mortgage; 
OR
b. A new conventional CWB Mortgage or a transfer of your existing conventional mortgage from another financial institution to a new conventional CWB mortgage, provided that you meet the following criteria:
i. All borrowers must have a minimum credit score of 600;
ii. Gross Debt Service Ratio must be less than 39%; and
iii. Total Debt Service Ratio cannot be higher than 44% based on the higher of the Bank of Canada qualifying rate or the customers' contract interest rate plus 2.00%.
A high ratio mortgage is a mortgage having a loan to value ratio of more than 80% and requires mortgage default insurance.
A conventional mortgage is a mortgage having a loan to value ratio of less than 80%. 
2. The new CWB mortgage must be on a five year fixed closed term.
3. The amortization period on your new CWB mortgage must be 25 years or less.
4. To be eligible, your mortgage application must be submitted during the Offer Period and result in a written mortgage approval, containing an interest rate commitment dated during the Offer Period. The new CWB mortgage must funded within 120 days from the start date of the interest rate commitment.
5. Approval of your new CWB mortgage is subject to standard lending criteria for residential mortgages, including income and employment verification. 
6. Maximum property value for the underlying property cannot exceed $1,000,000.
7. Property must be your primary residence; owner-occupied residential properties must have only one to four units.

Other Conditions
8. The Promotional Rate Offer is not available for any amendment to an existing mortgage with CWB, including renewals, refinances, assumptions or portability transactions.
9. The Promotional Rate Offer cannot be combined with any other CWB promotions.
10. The Promotional Rate Offer may be amended, extended, or cancelled at the sole discretion of CWB at any time, without prior notice.
11. CWB reserves the right to refuse or terminate your participation in the Promotional Rate Offer if CWB suspects or discovers that incomplete or incorrect information has been provided to CWB in the mortgage application. 
12. Interest rate compounded half-yearly, not in advance. Interest rates are subject to change without notice at any time.