Breaking New Mortgage Ground. Again.

We just made your mortgage decision easier.

CALGARY, Alberta, Jan. 17, 2022 — True North Mortgage is very pleased to announce the launch of its exclusive No Commitment Mortgage.

By offering variable rates as low as 1.25% (P- 1.20%), it's Canada’s first open mortgage with a very competitive rate. This revolutionary product allows our clients to break or convert their mortgage at any time with no penalties, yet save money with a much lower rate than is typically offered with other open mortgages.

Dan Eisner, Founder and CEO of True North Mortgage, comments, “We are very excited to bring this product to market. Buying a house is stressful enough without the pressure of choosing the right mortgage product. With our No Commitment Mortgage, clients can lock in their rate at any time, or have the option to pay off their mortgage partially or completely without penalties. They get the simplicity they need, with absolute freedom — and best yet, a great rate!”

Strings? There are none. It's just a really great product, at a really great rate.

Featured in Robert McLister's Globe & Mail feature Mortgage Rundown ('Finally, An Open Mortgage With A Stellar Rate And No Strings,' Jan. 12, 2022; subscription access may be required), this product launch quickly became the 'talk of the town' in mortgage circles. With clients and competitors alike asking how we did it — well, we work hard to bring great products to our clients (that's how).

At True North Mortgage, we're obsessed with helping Canadian homebuyers get a better mortgage, and it shows.

Available for a limited time, get more details about our No Commitment Mortgage product here.

Have questions? We're here to help.

Apply online now or give us a shout, anywhere you are in Canada — online, over the phone, through our chat, or at one of our convenient store locations.