Renew or Refinance
The time has come to renew your mortgage or refinance your home. Take a moment to review your options and find one that works for you.
How renewing or refinancing with ATB can work for you.
Renew early
Taking advantage of current interest rates earlier may save you money. You can renew your closed ATB mortgage within 90 days of maturity with no prepayment penalty. With an open mortgage, you can renew early at any time without penalty.
Take your mortgage with you
If you’ve fallen in love with a new home but want to keep your current interest rate, you may be able to ‘port’ your existing ATB mortgage to your new home with the exact terms that remained at the time of the transfer.
Blend and extend
Renew early, buy another property or refinance without a prepayment penalty. Blending and extending your fixed-rate ATB mortgage lets you combine interest rates, extend your current mortgage and borrow funds at your new blended rate.
How will your mortgage payments change?
Input your mortgage details in our Mortgage Payment Calculator for homeowners to see how different scenarios impact your mortgage.
​Find the renewal or refinancing option that works for you.
Renew or refinance
Conventional Mortgage
(20% down payment or more)
You can choose either to renew or to refinance your Conventional Mortgage. Choose interest rate and term options that work for you.
Renew only
Insured Mortgage (5-20% down payment)
While refinancing isn't an option on Insured Mortgages, you can renew yours for a new term of six months to seven years.
Want to talk with an expert?
Talk with a Mobile Mortgage Specialist about options to make your mortgage work for you.
Pre-payment percentage based on original mortgage amount. Prepay or increase payments by 10% available on Rate First mortgages only.