Welcome to our Activa Mortgage Partner series! Every week, we’ll be revealing key insights from one of our seven mortgage partners.

At Activa, we understand that navigating the homebuying process can be challenging. That’s why we have developed a Mortgage Partner Program, with seven of the top banks and credit unions, designed to make your experience smoother and stress-free.

Let’s hear from one of our Mortgage Specialist’s, Pedro Alvarado from Meridian!

Why is now a good time to buy a new home?

The hold on key lending rates from the Bank of Canada should instil confidence in the market. We’re seeing fixed rates slowly recovering and the real estate market levelling out to what is possibly our new normal. Waiting holds little value for lower prices – so buy the home you love for long-term gain rather than fixating on a possible lower rate.

Why work with an Activa Mortgage Partner?

As a dedicated lending partner to Activa, we make you a priority, ensuring you get reliable mortgage solutions with fast approval times. Our goal is to work for your best interests, and only yours.

Why choose Meridian?

Just like the large banks, Meridian is an “A” Lender and can be just as competitive with rates. However, unlike the banks, we are provincially governed, meaning we can be more flexible when it comes to approving mortgages. We still use the federally regulated “stress test” to help evaluate whether a mortgage is a good fit for you; however, we don’t disqualify people for a mortgage solely based on the results of this test as there are factors it does not consider, like income appreciation, accelerated payment options and overall principal reduction. We work hard to find flexible solutions to help you afford your dream home!


Another unique feature of Meridian is that you’re not just a member with us – you’re an owner. As a customer of ours, you immediately become a shareholder, meaning you get to vote and have a voice in how our financial institution is run.

Finally, we have a fantastic program for those who are business owners, entrepreneurs, self-employed or retired. We understand small businesses, and we’ll work with you to make homeownership possible!

Connect with Activa and Meridian for your homebuying journey

For any inquiries about Activa’s Mortgage Partner Program or specific Meridian mortgages, reach out to info@activa.ca.

PLUS, stay tuned for our next Mortgage Partner Spotlight, TD Bank!

Want to know more about all Activa Mortgage Partner Programs?

Our dedicated team is committed to providing you with valuable insights and expert guidance, ensuring that you are well-informed about your financing options. To learn more about our Mortgage Partner Program, click here.

Click here to learn more about our available homes and communities.