Meridian Credit Union Mortgage Rates & Reviews

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Meridian Credit Union

Meridian Background

Meridian is a credit union that was formed in 2005 after the merger of Niagara Credit Union and HEPCOE Credit Union. It is headquartered in St Catherine’s Ontario and offers banking, mortgages, wealth management and financial services to its members. Meridian is the second largest credit union in Canada and the second largest in Ontario with over 2,000 employees and 375,000 members.

Meridian Prime Rate

Meridian's Prime Rate is used as the basis for many of Meridian'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 Meridian Prime Rate: 2.45%

Last Changed: March 30, 2020

Meridian Credit Union Fixed-Rate Mortgages

Mortgage Amount:
Amortization:
Payment Frequency:
TermRateMonthly Payment
1-Year Fixed
3.09%$1,916
2-Year Fixed
2.34%$1,762
3-Year Fixed
2.34%$1,762
4-Year Fixed
3.89%$2,087
5-Year Fixed
2.39%$1,772
7-Year Fixed
2.99%$1,895
10-Year Fixed
3.29%$1,958

The rates shown are for insured mortgages with a down payment 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.

Meridian Credit Union Variable-Rate Mortgages

Mortgage Amount:
Amortization:
Payment Frequency:
TermRateMonthly Payment
5-Year Variable
1.60%$1,619

The rates shown are for insured mortgages with a down payment 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.

This calculator is provided for general information purposes only. WOWA does not guarantee the accuracy of the information shown and is not responsible for any consequence that arise from the use of the calculator and its results. Any financing products shown are subject to terms and conditions and may not be available in certain regions.