A mortgage is a loan to buy a home. Like any loan, interest is charged on the amount you borrow (the principal). Each mortgage payment consists of repayment of the principal plus interest. When the lender is paying the property taxes on behalf of the borrower the payment includes a property tax component.
With a CFF Bank Mortgage, you’re able to receive among the most competitive interest rates in the industry. Through our affiliated Canadian First Financial Centres, our goal is to deliver an expansive range of financial services to Canadians through trusted advisors in local communities.
We know that trust is fundamentally based on having a relationship with financial advisors that deliver results and prioritize your best interests. We offer a full-suite of personal banking solutions including no-fee day-to-day banking, and investment options to help you save, grow and preserve your wealth.
We do this through Canadian First Financial Centres, which are exclusive distributors of the CFF Bank products and services, delivering valuable financial advice to people in local communities.