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Meridian Closed Variable Rate Mortgage Info & Reviews

Financial Products > Closed Variable Rate Mortgages > Meridian Closed Variable Rate Mortgage
Detailed information, reviews and ratings for the Meridian Closed Variable Rate Mortgage.
Useful when comparison shopping for a new canadian closed variable rate mortgage.

Information about the Meridian Closed Variable Rate Mortgage

Product NameMeridian Closed Variable Rate Mortgage
Available InCanada (Only in Ontario)
Offered ByMeridian Credit Union
Product PageMeridian Closed Variable Rate Mortgage
Rate2.95%  Rate Increased from 2.7% to 2.95% on July 15, 2017

Chart of historical values for the Meridian Closed Variable Special Mortgage Rate
  • 1 Year
  • 3 Years
  • 5 Years
  • 10 Years
  • All Data
Term Length5 years
Fixed PaymentsYes
Max Annual Lump Sum Prepayment20%
Max Annual Increase to Regular Payments20%
Payment SchedulesWeekly, bi-weekly, monthly, bi-monthly and accelerated.
Additional NotesCan skip one month's worth of mortgage payments once per year (certain conditions apply)
Please Note: This database is intended to help you explore your options when looking for a financial product. Product features and information can change faster than we can update our database and we cannot guarantee the accuracy of the information in the above table.
Always visit the financial institutions product page and carefully review the information there before making a final decision.

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