Manulife Bank is a Schedule I federally chartered bank and a wholly-owned subsidiary of The Manufacturers Life Insurance Company. Established in 1993, it was the first federally regulated bank opened by an insurance company in Canada. Manulife Bank supports the sale of the parent’s core products and distributes its products through a number of channels, including financial advisors, mortgage brokers, deposit brokers and direct-to-client.
Today, Manulife Bank serves clients across Canada in all provinces and territories. With a high-quality loan portfolio, the majority of loans being in residential mortgages, Manulife Bank is a profitable and well-capitalized organization.
Manulife Bank Mortgage Rates
Manulife Bank mortgage rates include fixed and variable rates for a number of different lengths of terms and products including new purchases, first time home buyers, refinancing and debt consolidation and mortgage renewals.
Manulife Bank Mortgage Products
Closed Fixed Rate Mortgages
Closed Variable Rate Mortgages
Open Variable Rate Mortgages
Preferred Rate Mortgages
Manulife Bank Mortgage Options
Payment Options: Weekly, Bi-Weekly, Semi-Monthly, and Monthly
Terms: 1, 2, 3, 4, 5, 7 and 10 Year Fixed and 5 Year Variable
Amortization: Up to 30 years Conventional and 25 Years Insured
Loan to Value: Up to 80% Conventional or 95% Insured
Prepayment: 20% Lump Sum Payment and 25% Increased Payments
Complete the Online Application or Contact Our Team to Discuss Your Mortgage Financing Needs