Switch to ATB offer
Unlock up to $7,500 in cash & value when you switch your mortgage to ATB.
Our best mortgage offers
Want more with your mortgage? We have two offers for you to get a little extra, whether that’s cash back or our lowest available rate.
Talk to an expertNew mortgage offer
Unlock up to $6,000 in cash on select mortgages or our lowest rate on a 5-year ATB Rate First mortgage.
Our featured rates
| Term | Residential Mortgage | Rate First Residential Mortgage |
|---|---|---|
| 5 Year High Ratio | 4.29% | 4.19% |
| 5 Year Conventional | 4.74% | 4.64% |
| 5 Year Variable High Ratio | 4.05% | N/A |
| 5 Year Variable | 4.45% | 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.
Make your next move.
I want to buy my first home.
Learn everything you need to know about buying your first home in Alberta.
I want to buy my next home.
Whether your next home is a new forever home, an investment property, or your dream vacation destination, an ATB mortgage can help.
I want to switch to ATB.
Find out how and why to switch your mortgage to ATB. Our dedicated team of experts will make the process simple and easy.
I want to build on my property.
Grow your space and expand your possibilities with in-law suites, residential shops and more with help from ATB.
I need a mortgage loan.
Finding the right mortgage starts with understanding your options.
I need a line of credit.
A home equity line of credit (HELOC) can provide the funds you need to reach a goal or manage an emergency.