Your mortgage rate depends on the amount of cashback you choose. The higher the cashback, the higher the rate. But don’t worry! Even at the full 2% cashback amount, your rate remains competitive with what major banks offer. It’s a win-win situation – you get the flexibility of cashback without sacrificing a great mortgage rate. Your cashback can be used for anything you want!
Pay Off Debt
Use your cashback to eliminate high-interest credit card or line-of-credit debt.
Renovate Your Home
Fund that much-needed home renovation and increase your property’s value.
Save for a Rainy Day
Put your cashback in a high-interest savings account for emergency purposes.
Treat Yourself
Use your cashback for a well-deserved family vacation or something special you’ve been dreaming about.
How Much Cashback Can You Get?
You can receive up to 2% cashback on your mortgage. For example, on a $600,000 mortgage, that’s a $12,000 cashback straight to your pocket!
Need more than 2% cashback? We may be able to accommodate larger amounts depending on your specific situation. Your rate and cashback amount will vary based on your down payment, mortgage size, and other factors.
Contact us today for your unique rate and cashback quote!
No! Our cashback rates are comparable to regular bank rates. Thanks to our exclusive partnership with a pioneering low-rate lender, we can offer competitive rates while still providing you with cashback.
The cashback offer is available on new purchases, mortgage renewals, and even refinances. You can choose either a fixed-rate or variable-rate mortgage and still benefit from the cashback option.
Unfortunately, no rate holds are available for cashback offers. This offer is only available for live deals, meaning you’ll need to have an active mortgage application in progress to qualify.
You’ll receive your cashback upon the funding of your mortgage. If you’re using it to pay off debt, your lawyer can arrange for the funds to go directly toward your credit cards or loans.
At Olympic Mortage, we want the best for the people around us. We care for our clients, whomever they are, wherever they’re from. Everyone gets the best of us, because that’s what we want to be putting out to the world. So go ahead, try us.
CONTACT DETAILS
Suite 103, 2311 Watkiss Way, Victoria, BC, V9B 6J6
