First Ontario Mortgage Rates

As of April 17th, 2021
First Ontario

FirstOntario Credit Union Background

FirstOntario was founded in 1939 and is headquartered in Hamilton, Ontario. They offer a variety of services such as lending, security, accounts, credit cards, and mortgages to their members. They have over 115,000 members being serviced through online banking and 30 location across 15 communities in Ontario.

First Ontario Prime Rate

First Ontario's Prime Rate is used as the basis for many of First Ontario's lending products including variable rate mortgages, lines of credit, and HELOCs. Prime, or P, is normally combined with a spread to make up the final interest rate.

Current First Ontario Prime Rate: 2.45%

First Ontario Fixed-Rate Mortgages

Mortgage Amount:
Amortization:
Payment Frequency:
TermRateMonthly Payment
1-Year Fixed
2.44%$1,782
2-Year Fixed
2.24%$1,743
3-Year Fixed
2.24%$1,743
4-Year Fixed
2.24%$1,743
5-Year Fixed
2.24%$1,743
7-Year Fixed
2.84%$1,864

The rates shown are for insured mortgages with a downpayment of less than 20%. You may get a different rate if you have a low credit score or a conventional mortgage. Rates may change at any time.

First Ontario Variable-Rate Mortgages

Mortgage Amount:
Amortization:
Payment Frequency:
TermRateMonthly Payment
5-Year Variable
2.25%$1,745

The rates shown are for insured mortgages with a downpayment of less than 20%. You may get a different rate if you have a low credit score or a conventional mortgage. Rates may change at any time.

While we try our best to get you the best rates, we cannot guarantee that they are always accurate. WOWA assumes no liability for the accuracy of the information presented, and will not be held responsible for any damages resulting from its use.