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Your 2023 Annual Mortgage Statements will be available on February 28th, 2024. To view your statement, sign in to your online banking account, navigate to "My Account" and click "View e-Documents". From there, you will be able to print or save documents that you need to include with your tax return.

If you have any questions, please contact our customer service representatives by calling 1-866-392-1088 or send an email to help@wealthonebank.ca. Our representatives are available from 9:00 am to 5 pm EST.

Specializing in mortgages that meet the
unique borrowing needs of Canadians

For an innovative mortgage solution, talk to us. We’re focused on meeting the needs of a variety of borrowers, including:

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New Canadians
and permanent
residents
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Entrepreneurs and
self-employed
individuals
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Real estate
investors and
business owners
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Real life success story
“I’m a self-employed entrepreneur, so when it came time to buying a property, I needed a mortgage provider that could see my cash flow beyond bank statements. WealthONE helped my dream come true.”
G.J., Toronto, Ontario
Buy a home

WealthONE Residential Mortgage

Our flexible mortgage options are customizable to your individual borrowing needs and circumstances.

With all of our mortgages, you can:
  • Choose a weekly, bi-weekly, or semi-monthly payment plan
  • Make the same payment amount throughout your term
  • Make an annual lump sum payment of up to 20% of your original mortgage principal
  • Increase your regular payments once a year by 20% without penalty
A Fixed Rate Mortgage means no surprises
  • Choose from 1 to 5 year terms
  • You pay the same interest rate throughout your term
A Variable Rate Mortgage may save you money
  • Choose from 3 to 5 year terms
  • Your interest rate may change throughout the term
  • If your interest rate goes down, you’ll pay down more of your principal
  • If your interest rate goes up, you’ll pay more interest
  • You can convert to a fixed rate mortgage any time
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Understanding Interest Rate Changes
Have a variable rate mortgage? Find out your options in a rising interest rate environment.

Fixed Rates

Rates effective as of 2024-3-15
WealthONE Prime Rate: 7.70%
Below rates apply to owner-occupied properties only***

Rates

APR**

6.59%

1 Year (Closed)

7.90%

1 Year (Closed)

6.44%

2 Year (Closed)

7.11%

2 Year (Closed)

6.24%

3 Year (Closed)

6.70%

3 Year (Closed)

6.59%

4 Year (Closed)

6.94%

4 Year (Closed)

5.95%

5 Year (Closed)

6.23%

5 Year (Closed)

Variable Rates*

Rates effective as of 2024-2-16
*WealthONE Prime Rate: 7.70%
Below rates apply to owner-occupied properties only***

Rates*

APR**

7.20%

3 Years (Closed)


7.64%

3 Years (Closed)


7.20%

5 Years (Closed)


7.47%

5 Years (Closed)




* Variable interest rates will change as WealthONE’ s prime rate changes.
** APR (Annual Percentage Rate) is calculated semi-annually and includes any applicable fees such as application fees or administrative fees.  The APR figures above are based on the following: 

  • A mortgage amount of a $150,000 with a 25-year amortization period;
  • 1% application fee of $1500 and Ontario FCT fee (First Canadian Title fee) of $378.12;
  • Application fee and closing fee may vary based on loan amount and province.

***For properties that are not owner-occupied, an additional premium of 0.25% applies to all rates.

General Mortgage Rate Information:

  • Interest rates are compounded semi-annually, not in advance. Assuming no additional Cost of Borrowing fees are charged, the Annual Percentage Rate (APR) will be the same as the Interest Rate.
  • APR reflects the total interest amount the borrower will pay annually based on the total loan amount. For instance, a lower APR could in turn result in the borrower having lower mortgage payments.
  • All Rates are subject to the borrowers meeting WealthONE Bank’s lending criteria (this may include your credit score, income and property location) and are subject to change without notice.
  • Residential lending rates are determined on a case-by-case basis, which allows us to offer you competitive options for your specific needs.
  • Working with a mortgage broker will ensure you have all the information you need to make an informed decision on the option that is right for you.

Getting started is easy

Choose the option that works best for you:

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Borrow

Invest in real estate

When you invest in real estate in Canada, you may require flexible financing options, including a mortgage solution tailored to your specific property needs.

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Become a partner

Mortgage brokers and real estate professionals: partner with us

If you're looking for that unique financial institution that will see your client's story beyond the numbers on the paper, consider WealthONE as your mortgage lending partner.


Mortgage Calculator

Use the mortgage calculator to determine how much you can borrow and to estimate your monthly mortgage payments.