To help make the buying process easier and less stressful, Activa has partnered with trusted Mortgage Advisors at leading banks to help address your lending needs!

Curious about financing options for your home? Continue reading to learn from our Advisors as they answer the questions you need to know!

Q: Why should I choose an Activa Mortgage Partner for my financing?

A:  With an Activa Mortgage Partner, buyers are given the best available future-dated rates and will receive excellent turnaround times for approvals. We know Activa’s process and documents well – and you, the buyer, are our top priority in this process! – Meridian Credit Union

A: We take away the risk of changing markets until your closing date by providing firm approvals and appraisals at the time of application. We also understand the properties and communities and require no additional credit checks or income verification. – Royal Bank of Canada


Q: What do I do if I’m selling my home? Can I keep my current rate?  

A: If you have an existing mortgage and are selling your current home, you may have the ability to port the existing mortgage over to the new Activa property.  Buyers can also maintain their current rate on the existing mortgage balance when transferring it over to the new Activa property (new funds blend in at current rates) – a beneficial option that saves our clients the penalty and a substantial amount of interest. – TD Canada Trust


Q: What is a mortgage approval letter? How do I get one?

A: A Mortgage Approval Letter is specific to a Builder-Project Mortgage.  It helps prove your financial stability when expressing interest in a new home and will have instructions for maintaining the approval into the future to meet the closing date on the home. – Meridian Credit Union


Q: What type of mortgage should I choose?

A:  This is different for everyone.  It all comes down to the individual client’s time horizon, financial goals, and comfort level with rate volatility.  In today’s world, we typically recommend that clients go into a short-term fixed rate (2 or 3 years) so that they will be in the best position to renegotiate the rate or term down the road. – TD Canada Trust

A:  There are many mortgage options to choose from –  fixed or variable, short or longer term, mortgage or secured line of credit, insured or conventional. Activa’s CIBC Mortgage Advisor will work with you to explore your unique needs, goals, budget and timeline, and make personalized recommendations for your family. – CIBC

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