Mortgages
Whether you’re buying a home, investing in a property, renewing your mortgage or refinancing, ATB can help you find a solution that’s right for you.
View mortgage ratesSwitch to ATB offer
Get up to $1,500 waived in switching fees when you move your mortgage to ATB*.
Our lowest fixed mortgage rate
Get 4.09% on a 5-year ATB Rate First mortgage. Connect with an ATB mortgage expert to get started.
Featured rates for Alberta mortgages
| Term | Residential Mortgage | Rate First Residential Mortgage |
|---|---|---|
| 5 Year High Ratio | 4.19% | 4.09% |
| 5 Year Conventional | 4.54% | 4.44% |
| 5 Year Variable High Ratio | 3.65% | N/A |
| 5 Year Variable | 3.95% | N/A |
| 4 Year High Ratio** | 4.39% | N/A |
| 4 Year Conventional** | 4.49% | N/A |
| 3 Year High Ratio | 4.39% | N/A |
| 3 Year Conventional | 4.49% | N/A |
The difference between a high ratio and conventional mortgage lies in the down payment amount and the requirement for mortgage default insurance.
A high ratio mortgage requires a down payment of less than 20% of the home's purchase price (between 5% and 19.99%). In Canada, it's mandatory to purchase mortgage default insurance for high ratio mortgages.
A conventional mortgage requires a down payment of 20% or more of the home's purchase price. Mortgage default insurance is not typical for conventional mortgages.
An ATB Residential Mortgage provides flexible terms from 6 months to 7 years, with both fixed and variable rate options. You can make lump sum payments and increase payments of up to 20% of the original mortgage amount per year. With this mortgage, you have the ability to skip payments and refinance.
An ATB Rate First Residential Mortgage is our lowest rate mortgage, for a 5-year fixed term. You can make lump sum payments and increase payments of up to 10% of the original mortgage amount per year. With this mortgage, skipped payments and refinancings are not offered.
Ready to take the next step?
Get started with an ATB Mortgage
Wherever you are in your homeownership journey, we have a team of mortgage experts ready to help.
Compare ATB Mortgages
Mortgage calculators
Mortgage Payment Calculator for buyers
With this calculator for home buyers, you can input your potential mortgage details and we’ll share what your future mortgage payments may look like.
Mortgage Affordability Calculator
Calculate the home price you can afford using info like income, debt, monthly payments, and down payment.
Mortgage Payment Calculator for owners
Discover how different variables like payment increases, lump sum payments or different interest rates impact your mortgage cost.
Advice for Albertans
Mortgage and Home Buying Advice Centre
Getting the right insights and advice can take the uncertainty out of your home buying and homeownership journey. If you have questions, we have answers.
Frequently asked mortgage questions
How much you can afford depends on a number of factors including your income, expenses and debts. To get a better idea, our Mortgage Affordability Calculator gives an estimate of the maximum home price you may qualify for, so you can start your home buying journey with confidence.
To get even more certainty, our online mortgage pre-approval provides the most accurate picture of what you can qualify for.
With an ATB mortgage pre-approval, you’ll lock in your rate for 120 days. And if the interest rate is lower at the time of funding, you’re still guaranteed to receive the lower rate.
ATB will make the process to switch your mortgage as simple as possible. You can connect with our team of experts virtually or in person. We will require a few documents to get started, such as a property tax assessment, current mortgage statement, and proof of income. Once we have these documents, leave the rest up to us! We will ensure your mortgage transfer goes smoothly every step of the way.
Talk with an ATB mortgage expert
30 year amortization is only available for a first time home buyer who is purchasing a newly constructed home. For more information about criteria, visit the Government of Canada website or connect with a mortgage specialist.
A high ratio mortgage includes mortgage default insurance. In Canada, it’s mandatory to purchase mortgage default insurance if you’re putting down less than 20% toward the purchase of your home (between 5% and 19.99%). The high ratio rate is only available on insured mortgages for residential property valued at under $1,000,000, for clients who have put less than 20% down, and are eligible for (and purchase) mortgage default insurance, as well as meet other conditions.
*Switch Fees Terms & Conditions
Switch fees will be covered when you move your mortgage to ATB as a straight transfer in. This offer is available for mortgage loans that are transferred to ATB from another financial institution. No additional funds or change to amortization is allowed. Available equity may be accessed under a second mortgage product. Mortgage loans must be funded within 120 days of application date. Switch fees will be covered up to $1000.00. Allowable fees include: First Canadian Title registration fees and up to $500 in appraisal fees charged by an ATB accredited appraiser. ATB will not cover fees associated with changing names on title, private registration discharges, remote or virtual signing, interest penalties, prepayment charges or administration fees.
Mortgage value of $200K or more is required. This offer is limited to personal clients and residential switch mortgages on owner-occupied residential dwellings only. Non-personal clients, commercial/investment properties, and properties not owner-occupied are excluded. Offer is only available through select ATB channels.Rates subject to change without notice.
**Rates available through select ATB channels only.