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Ready to make a move?

Time to buy your first home? Need financial advice on a move? Want to get in on some of the best mortgage rates in the market? PenFinancial can help.

Contact an advisor

Featured Mortgage Rates

PenFinancial’s mortgage rates are among the best in the market, but you’ll get more than just great rates at PenFi. You’ll get the help you need to grow your home and build your future. You’ll also help your neighbours. With 10% of pre-tax profits donated back into Niagara and Haldimand to fight issues like poverty and homelessness, PenFi offers a different way to do banking.

All mortgage rates →

5-Year Fixed¹
High Ratio
5-Year Fixed¹
3-Year Fixed¹
High Ratio

First time home buyer? You’re in luck with government incentives

Looking to buy your first home? You aren’t alone. Young people all over Canada are looking for a way to move on up from basement rentals. But, like many Millennials, you’re probably on a tight budget. Well, now you’re in luck because government incentives can help! In its 2019 federal budget, the Government of Canada announced a way to help you: the First Time Home Buyer Incentive.

Learn more


Ready to connect with an Advisor?

So, you’re interested in a mortgage with Niagara’s truly local credit union – send us a message, book an appointment online, or call one of our branches, and a PenFinancial Advisor will reach out to help you get what you need to succeed.

1 Rates are subject to change without notice.  Additional premiums may apply in cases of a refinance, extended amortizations, non-owner occupied, or other instances where application details may warrant it. A High Ratio mortgage is applicable in cases where a borrower places a down payment of less than 20% of the purchase price on a home. Refinances, renewals and amortization periods of greater than 25 years are ineligible. For a purchase price of $500,000 or less, the minimum down payment is 5%. When the purchase price is above $500,000 and under $1,000,000, the minimum down payment is 5% for the first $500,000 and 10% for the remaining portion. Offer may change or be withdrawn at any time without notice. 
Banking at PenFi is about more than the money.

It’s about financial solutions that generate prosperity for you and your community.

Our Truly Local Commitment is the heart and soul of our philosophy, where we believe the prosperity of our Members and our communities go hand in hand. We donate 10% of our pre-tax profits back into our communities, a living wage is our minimum wage, and we are a Certified B Corporation – just a few ways we're invested in you and your community.

Learn about our TLC