Tangerine is a Canadian direct bank and a subsidiary of Scotiabank. It offers no-fee chequing and savings accounts, guaranteed investment certificates, mortgages, and mutual funds. Many savings and investment products are eligible for registration under a Tax-Free Savings Account, Registered Retirement Savings Plan, or Registered Retirement Income Fund.
The predecessor of Tangerine, ING Direct was founded in April 1997 and operated as a telephone banking service offering savings accounts. It was the first test market for ING Group’s direct banking business model, where the aim was to offer more favourable rates to customers by avoiding the costs of running a network of branches.
Tangerine Mortgage Rates
Tangerine 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.
Tangerine Mortgage Products
Closed Fixed Rate Mortgages
Closed Variable Rate Mortgages
Home Equity Line of Credit
All Banking Products
Tangerine 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: 25% Lump Sum Payment and 25% Increased Payments
Complete the Online Application or Contact Our Team to Discuss Your Mortgage Financing Needs