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Mortgage your home, not your life.

Save with some of the lowest mortgage rates in Canada!

High Ratio Mortgage Offer

1.54%

(1.54% APR)**

 

5 year variable*** closed term rate1

High Ratio Mortgage Offer

1.64%

(1.64% APR)**

 

5 year fixed closed term rate1

Special Offer

1.84%

(1.92% APR)*

 

2 year fixed closed term rate

Switch or Purchase Offer

1.84%

(1.87% APR)*

 

5 year fixed closed term rate2, 3

For a limited time, get up to $3,000 cashback on eligible mortgages.4

Interested in other mortgage rates? We have you covered.

Expect more than just a great rate, we'll help you choose the right combination of rate and term to align with your lifestyle. Special offers are only available for owner-occupied properties with an amortization of 25 years or less.

Cashback offer details

As an HSBC mortgage customer you also get:

HSBC 120-day Locked Mortgage rate

We offer our pre-approved mortgage rates for 120 days. This gives you more time to decide if it's right for you, and hunt for the perfect home.

Flexible pre-payment plans

The choice is yours. For all closed term mortgages, you can increase your mortgage payments by up to 20%, or pay up to 20% of the original balance each year, or match a regular payment.5

No monthly fee bank account

Automatically qualify for a no monthly fee bank account with a mortgage of $150,000 or more.

Get started today

When available, a Live Chat agent will book an appointment for you at your nearest branch.

Live Chat Hours:
Mon-Fri 8am - 11pm EST
Sat-Sun 8am - 8pm EST

Start pre-approval application6

Call 1-866-609-4722

Lines are open Mon-Fri from 9am - 9pm EST

Mortgage tools and resources

 

Beyond the bricks

 

Explore your options with our mortgage calculator tools and get to know HSBC.

 Trademark of HSBC Bank Canada

Rates are subject to change without notice.

Your use of this site, including this application, is subject to the Website Use Agreement which includes important terms about the security of the information you submit by this application. Your use of this site signifies your agreement to the Website Use Agreement. Your information is not stored on our systems if you do not submit this application. Whether or not you submit your application, your personal information can still be displayed by clicking the back button. For security, it is advised that you close your browser after using this site.

*  The annual percentage rate (APR) is based on a $200,000 mortgage for the applicable term assuming an appraisal fee of $300. APR includes all interest and some non-interest charges associated with the mortgage. If there are no non-interest charges, the annual interest rate and APR will be the same. This rate is only available for personal mortgages, except Smart Savers mortgages. A higher interest rate may apply for non-owner-occupied properties, amortizations greater than 25 years, and exceptions to HSBC's standard lending guidelines. Applications are subject to credit approval.

** The annual percentage rate (APR) is based on a $200,000 mortgage for the applicable term with the appraisal fee of $300 waived. APR includes all interest and some non-interest charges associated with the mortgage. If there are no non-interest charges, the annual interest rate and APR will be the same.

*** The variable rate is equal to HSBC Prime Rate -0.91%. The rate will change as HSBC's Prime Rate changes. Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch. Mortgage Rates above are applicable to First Mortgages only. Some restrictions apply.

1  A High Ratio Mortgage is a personal mortgage with a down payment of less than 20% of the purchase price. Applications are subject to credit approval. Rate displayed includes a 0.25% discount off our Special Offer rate and is only available for high ratio residential mortgages. A higher interest rate may apply for non-owner-occupied properties, amortizations greater than 25 years, and exceptions to HSBC's standard lending guidelines. HSBC High Ratio Mortgage Rate Offer Terms and Conditions.

2  When you transfer a personal mortgage loan ("Mortgage") to HSBC Bank Canada ("HSBC"). Applications are subject to credit approval. Rate displayed includes a 0.05% discount off our Special Offer rate and is only available for residential mortgages. A higher interest rate may apply for non-owner-occupied properties, amortizations greater than 25 years, and exceptions to HSBC's standard lending guidelines. HSBC Mortgage Switch Rate Offer Terms and Conditions.

When you purchase a property and obtain a personal mortgage loan ("Mortgage") with HSBC Bank Canada ("HSBC"). Applications are subject to credit approval. Rate displayed includes a 0.05% discount off our Special Offer rate and is only available for residential mortgages. A higher interest rate may apply for non-owner-occupied properties, amortizations greater than 25 years, and exceptions to HSBC's standard lending guidelines. HSBC Mortgage Purchase Rate Offer Terms and Conditions.

4  When you purchase a new property and are taking a new personal mortgage loan (“Mortgage”) with HSBC Bank Canada (“HSBC”) or move your existing Mortgage from another financial institution to HSBC, in the amount of CA$200,000 or more with a five year fixed closed term and make mortgage payments from your HSBC chequing or savings account, you may receive a cash bonus of $1,200 for mortgages between $200,000 up to $399,999.99; $2,000 for mortgages between $400,000.00 up to $749,999.99, and $3,000 for mortgages greater than or equal to $750,000.00 (the “Cash Back”) (the “HSBC Mortgage Cash Back Offer”). An appraisal fee of $300 per valuation may apply. The HSBC Mortgage Cash Back Offer runs from March 31, 2020 to October 2, 2020 inclusive (the “Offer Period”). HSBC Mortgage Cash Back Offer Terms and Conditions.

5 How much you can prepay depends upon the type of mortgage you have. If you hold an open mortgage and your installment payments are up to date, you can pay some or all of your mortgage loan at any time without penalty. If you hold a Variable Closed mortgage, during the first three years if your installment payments are up to date OR if you hold a Fixed Closed mortgage and your installment payments are up to date, you may make three types of extra payments without penalty: 1) On any anniversary date of the mortgage loan, you may make a lump sum payment up to 20% of the original principal amount; 2) Along with any installment payment, you may make an extra payment in the same amount as your installment payment; 3) Once a year, you may increase your installment payment up to 20% for 12 months. The total extra and increased payments in a year cannot be more than 20% of the original principle amount. If you hold a Variable Closed mortgage after the first three years, your mortgage becomes an open term where you may pay some or all of your mortgage loan without penalty.

6 Mortgage pre-approval is available for a maximum mortgage amount of $1,000,000 CAD and applies to Traditional (Residential) or Equity Power Secured mortgages. Funds can be used for the purchase, or refinance from another financial institution. Owner occupied principal residence only. Single or multiple home owner applicants are allowed. Applies to single family dwelling and condominium/strata units only (excluding leaseholds and cooperatives). Application may be sole or joint applications (spousal or non-spousal) with a maximum of 2 applicants.

 

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