FOR CUSTOMERS

Renewing your mortgage made easy.

When it’s time to renew, why start over? No requalifying needed and no complicated process to figure out. Just three easy steps online. And you get to keep everything you’ve come to expect and trust. Same tools, same people, same service, same value.

Renew your mortgage online in 3 easy steps

Log in to your My Mortgage^® account, review your options and click to sign – that’s all it takes to renew your First National mortgage online.

Access your renewal agreement

Your renewal agreement becomes available in your My Mortgage® account up to four months before your mortgage maturity date, giving you time to review your options and plan ahead.

Review your terms and rates

Your renewal agreement outlines the terms and rates available to you when you renew. Simply choose your preferred term and rate and review your estimated new payment amount.

Calculate your estimated new payment amount at renewal

Sign and submit

Once you’ve selected your term and rate, click to sign and submit your agreement online. If there is more than one titleholder, each person must sign the agreement through their own My Mortgage® account to finalize the renewal. When everyone has signed, the renewal will be processed automatically on your maturity date.

Watch what happens after you sign your mortgage renewal

Take the stress out of renewing your mortgage

Well before the maturity date on your current term, your Renewal Agreement will be made available on your My Mortgage® account. Simply review the options and rates. Select the term you prefer and click to sign and return your signed agreement. Done. No complex paperwork. No re-qualifying.

Mortgage Milestones: How do I renew my mortgage?

Renew your mortgage with First National quickly and easily using My Mortgage^®. This video shows how to view your renewal agreement, choose your rate and term, and sign online. Need to connect with a specialist for support? Give us a call at 1-888-670-2111 or send us a message!

Watch the video

Rates

Updated November 9, 2026

View all rates

Rates are for single-family residential mortgages. Actual rates may vary. Please contact First National toll-free at 1.888.670.2111, send us a message through your My Mortgage account or speak with your mortgage broker for further information. Rates are subject to change without notice. E. & O. E.

Common questions about your mortgage renewal

You may have a few questions about your mortgage renewal. Here are the ones many people ask, with simple answers and links to more information if you need it.

Do I have to requalify when I renew my First National mortgage?

No. Renewing with us means you are simply continuing your original mortgage agreement at a new term and rate. Requalifying only applies if you choose to refinance or switch lenders (and may include the payment of any required prepayment charges, administrative or legal fees).

Can I renew my mortgage before my maturity date?

If you choose to renew your mortgage before your maturity date, you will have to pay a prepayment charge. Please refer to your mortgage documents for specifics relating to your mortgage.

Will my interest rate change when I renew my mortgage?

Your mortgage renewal rate is based on the rates available at the time your mortgage reaches its maturity date. Because interest rates can change over time, the rate offered could be higher, lower or similar to the interest rate you have now.

What happens to my prepayment privileges at renewal?

You may see some changes depending on the type of mortgage you choose:

Adjustable-rate mortgages do not offer the 15% payment increase.
The double up option is available on both fixed rate and adjustable-rate mortgages, but the amount that can be doubled will align with your new payment amount.
Your lump sum privilege is the same regardless of mortgage product because it is based on your original mortgage balance.
Accelerated payments can apply to both types of mortgage products.

Check your original mortgage documents or renewal agreement for information specific to your mortgage.

Can I switch from a fixed rate mortgage to an adjustable-rate mortgage at renewal?

Yes. You can make the switch from fixed to adjustable at renewal. However, certain features may change if you switch mortgage types. Watch this video to learn more about each rate type.

How can I lower my payments at renewal?

Scheduling a lump-sum payment on or close to your maturity date can help reduce your mortgage balance and lower future payments. Contact your mortgage specialist to review your renewal options through My Mortgage^®, or call us at 1-888-670-2111 before you renew to ensure we can meet your needs.

How can I borrow more money when I renew my mortgage?

Refinancing allows you to access additional equity from your home. Please note that you will have to requalify for the additional amount of borrowed funds, and there may be prepayment charges and administrative fees involved. Learn more about refinancing here.

How do I pay off my mortgage without incurring any prepayment charges?

You can pay off your mortgage without prepayment charges on your maturity date only. Learn more here.

Real people. Real mortgages. Real value.

First National keeps everything simple and accessible! As a first-time home buyer, it made things a little easier to be able to understand and work with!

– Jessica G., British Columbia

First National was always my first choice for a mortgage. The customer service is top notch, their portal is user friendly, and rates are amazing. If you choose First National you won’t be sorry! I’m looking forward to partnering with them to make my home ownership a reality.

–Catherine P., Ontario

I strongly encourage people to consider First National by saying that this lender is THERE for YOU. They will make sure to review which options are best for you and your family. They also are available to answer any questions that you need to know especially for first time home buyers!

–Sheila M., Manitoba

First National realizes that its customers are real people and make it easy to structure payments in a way that works for you and your budget. Help is easily accessed if you have any questions, and with the biggest investment of your life, that is extremely important.

– Catherine D., British Columbia

First National was able to provide me the best mortgage rate and customer service at the time of purchasing my home. Since then, I have received the same level of commitment from First National to help me reach my home ownership goals and to help pay down my mortgage. Their online self-serve options are very user friendly and easy to understand. I always know how I'm progressing with my mortgage and know that I have support if I have questions or concerns. I would recommend First National in a heartbeat.

–Colin L., Ontario

First National provided the most competitive rate for our mortgage, has great customer service, and keeps me up to date and informed in an easy-to-understand way. Their website and products are intuitive and I feel secure having my mortgage through First National.

– Meghan W., Ontario

My wife and I work tirelessly to provide for our family. Thanks to First National's competitive interest rates, low penalties, and generous prepayment options, we have been able to save more money for our children's future and our retirement.

– Kyle F., British Columbia

I have always received exceptional service which is why I came back to First National! My representative was very attentive and prompt in their responses to all my many questions. I have always been treated with respect and feel that First National goes above and beyond to create a personalized experience. I have never felt like just a number!

– Laura V., Ontario

We always receive exceptional service when we have questions. There is no delay or waiting. There is always someone happy to answer our questions or concerns. Thank you so much to your incredible team.

– Mylene L., Quebec

I have been with First National for over 10 years and am looking forward to being with them for as long as we have a mortgage. I will definitely be sharing this company with my children, so they can enjoy the same benefits I did. Thank you.

– Beth-Ann W., Ontario

It was a pleasure dealing with First National with no issues as they always put the customer first. They treat you like family and have been very understanding. Always looking out for the best possible solution. Truly the best.

– Shayne M., British Columbia

First National has allowed us to realize our dream to live in an exceptional home in British Columbia. Not only that, but their options to pay down our mortgage faster has offered us the potential to own our home faster than we had originally planned. Now, we can realize important life goals sooner than later. First National has enabled us, through flexible payment options, to make choices to tackle our mortgage head-on so that we can experience our dreams -- all while knowing we have a home and it is ours. Thank you, First National!

– Jason N., British Columbia

Like most Canadians, my husband and I always try to save money and make smart financial decisions. After speaking with a First National representative we were able to save on interest and pay down our mortgage in a timely manner. They not only helped us decrease the length of our mortgage but did it in such a way that made us feel in control. Thank you!

– Josee S., Ontario

Being able to painlessly review paydown scenarios and then actually pay down my mortgage is great. No more setting up an appointment and guessing how different scenarios play into my longer term financial goals - all of this can be done online in minutes.”

– Bryan G., Alberta

Thanks to First National I was able to get my first place! I have been enjoying the ability to turn a simple condo into my own home. So far, the projects have been small, but eventually the full place will be transformed. I’m taking great pride in home ownership so far, thank you First National!

– Roger B., Ontario

First National allowed us as first-time home buyers to finally start a family, we are expecting our bundle of joy soon and are excited to raise our baby in our beautiful home and we couldn’t be more happy and grateful.

– Tristan L., Ontario

First National has been an amazing partner in the financing of our home. They are a balance of unobtrusive and not pushy but highly informative and right there when you need them. As someone who was anxious about the home buying process, I couldn’t have asked for a more fluid and easy experience.

– Dennis M., Newfoundland & Labrador

Having First National in our life is worthy of a blessing. They take care of everything to make our life easier, because we know that having a home already has its share of tasks! With them, no problems. Just good service and speed.

– Patricia P., Quebec

This was my very first mortgage. I was nervous as it was completely new to me. I spoke to a representative after receiving my Welcome Letter. She was extremely patient in taking her time to explain everything to me in detail. As a result, I ended up with a mortgage tailored to my needs. I am grateful for outstanding service such as this! To that representative I spoke to, thank you again!

– Kevin F., Alberta

I love the online account where I can log in and see how much we’ve paid, how much we still owe and if needed, I can make changes to fit our family. First National Financial is awesome!

– Christina Y., Alberta

The simple, stress-free way to manage your mortgage.

Manage your mortgage how you want, when you want. Log in to My Mortgage® at mymortgage.firstnational.ca – it’s easy to understand, easy to use and will save you time.