KEEPING YOU INFORMED: COVID-19 information for residential customers & commercial borrowers

Our residential call centre is experiencing higher than normal wait times.

If you are a residential customer experiencing financial hardship due to COVID-19 and need to request a mortgage payment deferral, please submit a payment deferral request through My Mortgage or fill out our online mortgage payment deferral request form.

If you are a commercial borrower experiencing financial hardship due to COVID-19, please email our Payments team at

Be assured that we are committed to getting back to all of you who have contacted us.

Your patience is appreciated, and we thank you for your understanding.

Mortgage rates

Rates are obviously a key deciding factor when choosing a lender for your residential mortgage. Below you will find the latest rates that First National offers for qualified residential mortgages.

While competitive rates are important, so is having a partner that puts you first. At First National, we are committed to going beyond service – making it easy for you to manage your mortgage, access specialists when you need them and achieve your real estate financing goals.

Rates effective as of Thursday, June 25, 2020
for qualified residential properties.

Posted Rates

6 month 1
Insured 4.49 2.14 2.14 2.14 2.14 2.24 3.39 3.64
Conventional 4.49 3.04 2.84 2.69 2.59 2.49 3.09 3.14
First National Prime Rate: 2.45
For Conventional Rates – add an additional 10 bps if original amortization is >25 years.

Adjustable rate mortgages

Insured 5-Year Term: Prime - 0.46% for the entire term. 
Conventional 5-Year Term: Prime - 0.15% for the entire term. 

Open rate mortgages

6 Month Term – 7.30%

Rates are for single-family residential mortgages.

Actual rates may vary. Please contact First National at 416.593.1100 or toll-free at 1.888.670.2111 or email a Mortgage Specialist for further information.

Rates are subject to change without notice.
E. & O. E.