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Residential Homeowners Skip-A-Payment Program  |   Prime Rate Update

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Cash Back Program

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Purchasing a home can be expensive and some buyers are left wondering how they are going to manage all of the associated costs. Our Cash Back program provides borrowers with up to 3% Cash Back of their total mortgage amount (applies to Purchase transactions that are insurer-approved only).

The funds from the Cash Back can help provide some flexibility to help pay for closing costs. You could even use the cash back for:

  • Renovating a particular area of the home
  • Buying furniture
  • Paying for moving costs

*Note: The Cash Back amount cannot be used for the down payment

If the mortgage is discharged, refinanced or transferred for any reason, you may be responsible for repaying a portion of the Cash Back amount.

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