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Don't have the 20% down payment for your dream home?


Buy now with less. With a high ratio mortgage, you can get into the market now with a down payment of less than 20%. Move in faster with a smaller down payment, and take advantage of our amazing rate in the process.


Apply for a Meridian mortgage online, at your own pace and on any device. You can also talk to us about it anytime – visit a branch, call us, or have a Mobile Mortgage Specialist come to you! 


Our Mortgage Features


20/20 PREPAYMENT PRIVILEGES

Pay down up to 20% of the original principal balance, per year, without penalty or increase your monthly payment by up to 20% of your original payment plan each year (or both).
 

​SKIP-A-PAYMENT

Whatever the reason, we can help ease the strain. Our Skip-a-Payment feature is as simple as it sounds – we let you skip one month’s mortgage payment to give you a little breathing room.


FLEXIBLE SCHEDULE

Having a mortgage is a long-term commitment. Choose a payment schedule that suits you and fits your budget: weekly, bi-weekly, monthly, bi-monthly and accelerated weekly and  bi-weekly.


MORTGAGE PROTECTION

Our Group Mortgage Protection (GMP) is a monthly premium that helps safeguard your home in case of financial hardships including death, disability or critical illness.


INTERESTED IN OUR OTHER SPECIAL MORTGAGE RATES?


VARIABLE RATE MORTGAGE
5-Year Closed

2.90%

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FIXED RATE MORTGAGE
5-Year Closed

2.84%

Apply Now


Our Online Application Process


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Step 1:

Complete a simple profile and we will hold any of our advertised rates for you for 90 days. No questions asked and no further commitment 


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Step 2:

Once your application is submitted, we’ll provide you with your FREE credit score and a list of any further documents needed to complete your application.


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Step 3:

Once your application is completed, a final approval will be provided to you within a few business days.


WANT TO TALK TO SOMEONE?

Whether you’re in the market for a new mortgage or looking to renew, switch or refinance your existing mortgage, Meridian makes it simple and convenient. You can apply completely online or have one of our friendly Mortgage Specialists come to you. Your local branch or our Contact Centre are happy to help too.