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Buying your first home should be an exciting time. We’re here to help make it as simple and financially accessible as possible with extra cash or our lowest rate. Ready to connect?
Open the door to homeownership with our best offers
Cash back or lowest rate? We’ve got the keys to the best mortgage.
Cash offer
For a limited time, get up to $6,000* cash on select 3, 4, or 5 year mortgages.
Get the cashLowest rate offer
Take advantage of our lowest rate of 4.19%* on a 5-year ATB Rate First mortgage.
Get the lowest rateOnline pre-approval
Use our easy online tool to get pre-approved for a mortgage and be certain of your loan amount. After submitting your application, you’ll hear from us in two business days.
Get startedCurious what’s behind each offer door?
- Help with cash flow: A little extra cash can help with closing costs, debt repayment or saving for that next tropical vacation.
- Renos, decor, house splurges: Why not use the bonus cash for that couch you’ve been eyeing?
- We love a good investment strategy: Invest the cash into something that might be able to earn a higher return.
- Give your credit card some rest: Make a payment towards some high interest debt like a credit card.
- Lump-sum mortgage payment: Pay down your mortgage to reduce your interest costs.
- Lower your cost of borrowing: Lower interest rates over the life of a loan can contribute to significant savings.
- Financial flexibility: If you’re paying lower monthly payments that frees up your cash flow to invest elsewhere or for that weekly grocery run.
- Fast track to equity: A lower interest rate can help you build up your equity faster because a larger portion of your monthly payment goes towards the principal instead of interest.
Our best 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 |
| 4 Year High Ratio** | 4.54% | N/A |
| 4 Year Conventional** | 4.94% | N/A |
| 3 Year High Ratio | 4.44% | N/A |
| 3 Year Conventional | 4.89% | N/A |
**Available through select ATB channels only.
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 turn the key on one of these offers?
Get started with an expert or with our online mortgage pre-approval process.
Unlock your next mortgage with an expert
We’re here to support you through the entire process of buying your first home. We love answering questions and providing resources. It’s just what we do.
Frequently asked questions
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.
Just apply for a select 3, 4 or 5 year residential mortgage with the rates above and open a personal Unlimited, ATB Advantage, Generation or Freedom deposit account to make pre-authorized mortgage payments. The mortgage must be for your primary residence, in an amount of $200,000 or more, and be approved and fully advanced by October 31, 2025. Connect with us to get started.
Yes, this offer is exclusive only to select residential mortgages with our Residential or Rate First rates, but ATB has all kinds of mortgage options built to suit a variety of needs and circumstances. Connect with us to find the perfect mortgage for you.
Sorry, no. The cash and lowest rate offers are for primary residences only, but we do have other mortgage options designed specifically for a secondary residence. Connect with us for more info.
We’ll deposit your bonus within 60 days following the funding of the mortgage. You’ll need an Unlimited, ATB Advantage, Generation or Freedom deposit account to make pre-authorized mortgage payments in order to receive the cash incentive. Ready to lock in the offer? Get your pre-approval started online today.
Mortgage pre-qualification is the first step to pre-approval. It helps you figure out approximately how much you’ll be able to borrow and how much you’ll need for a down payment and closing costs. The mortgage provider won’t review your credit report or verify your financial information when pre-qualifying you. Instead, they’ll estimate how much you might eventually be approved for based on an overview of your finances including your income, assets and debts.
A pre-approval means that a mortgage provider does some of the initial background checking in advance and commits to give you a specific interest rate if you’re fully approved for a mortgage within 120 days. You’ll want to decide on a mortgage provider before starting the pre-approval process—where the negotiation process (for that promised interest rate) begins.
Luckily, it’s a straightforward process which involves having your income verified to understand your affordability. You can also use our online pre-approval tool to get started when and where you want. If everything looks good, you should be granted pre-approval within 24 hours.
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 or 180 for a new build. With other financial institutions, the rate holds anywhere between 90-120 days.
Still have mortgage questions?
Set up a one-on-one conversation about all things mortgage with an ATB expert.
Mortgage options and resources
Residential Mortgage Loan
Open the door to homeownership with our flexible mortgage and competitive rates. We offer payment options to help you achieve your home buying goals.
Rate First Mortgage Loan
Take advantage of our lowest rate. Lock in a 5-year, fixed rate and enjoy knowing your rate and payment will stay the same for the entire term.
Mortgage Payment Calculator
Discover how different variables like payment increases, lump sum payments or different interest rates impact your mortgage cost.
Home Buying Advice Centre
We have guidance and resources for every phase of your journey, whether you’ve just started searching listings or you’re ready to close the deal.
Why choose an ATB mortgage
We're Alberta's mortgage team. Our in-depth knowledge of the housing market and dedication to the community will ensure you receive exceptional service.
Unlock more with ATB
Rest easy
Loan Protection
Mortgage protection insurance from ATB will protect your loved ones from financial risk in the event of unexpected illness, disability or death.
Protect your home
Home Insurance
Get a disappearing deductible, identity theft coverage, optional overland water protection and more—all at 15% off for ATB clients.
*Cash Bonus Offer Terms and Conditions
Offer begins February 10, 2025. This offer is available for eligible residential mortgage loans for new purchases (including 30 year amortization), or straight transfer-in mortgage loans to ATB from another financial institution, on primary residences only. Cash incentive offer expires October 31, 2025. The mortgage must be approved and fully advanced by October 31, 2025. Mortgage loans must have a principal amount of $200,000 or more and with our 5-year ATB Variable Rate or 3, 4 or 5-year Fixed Rate on ATB Residential Mortgage loan(s). This offer is not available on secondary residences, such as vacation properties or rental homes.
A personal ATB Unlimited, Advantage, Generation or Freedom deposit account to make pre-authorized mortgage payments is required in order to receive the cash incentive. The cash incentive will be deposited into this personal ATB deposit account within 60 days of the mortgage being fully advanced.
Qualifying customers will receive:- $6,000 on a mortgage loan amount of $1M + or more;
- $5,000 on a mortgage loan amount of $749,999 to $999,999
- $4,000 on a mortgage loan amount of $500,000 to $749,999
- $3,000 on a mortgage loan amount of $399,999 to $499,999;
- $2,000 on a mortgage loan of $200,000 to $299,999.
Rate(s) offered are subject to change without notice and cannot be used in conjunction with any other offer or discount for the same product, unless otherwise specified. Residential mortgage loans are subject to standard lending criteria and credit approval. Offer may change or be withdrawn at any time without notice. Limit of one (1) Cash Incentive offer per mortgage. Customers who obtain a joint ATB Mortgage will only qualify to receive one (1) Cash Incentive offer.
Rate First Terms & Conditions
Rate(s) offered are subject to change without notice and cannot be used in conjunction with any other offer or discount for the same product, unless otherwise specified. Rate First mortgages are not eligible for the cash offer. The cash offer is not available in combination with special rate offers or other mortgage offers. This offer is eligible for the fee waiver on straight transfer in mortgages. Options at the time of renewal may be limited in the terms provided. Conditions apply.
Mortgage Terms & Conditions
A deposit account is not required for a mortgage approval or application.
Rate displayed for each term is Annual Percentage Rate (APR) and is based on a mortgage of $250,000 with monthly payments of a 25 or 30 year amortization, and assuming a processing fee of $250 (such as the cost of determining the value of the property). If there are no processing fees, the APR and interest rate will be the same.The interest for fixed rate mortgages is calculated semi-annually, not in advance.
Rates quoted are for a high ratio mortgage. For conventional mortgage rates please visit our rates page.
Some rates are only available through select ATB channels.
Cash Bonus Offer Payout Process
The cash incentive will be deposited into this personal ATB deposit account within 60 days of the mortgage being fully advanced (deadline October 31, 2025). The last cash payout will be made into the eligible Unlimited, Advantage, Generation or Freedom deposit account (based on tiers) by 5:00pm MT on December 31, 2025 if all of the qualifying requirements are fulfilled. Clients have until 5:00pm MT on January 31, 2026 to notify ATB if you believe you qualify for the Mortgage Cash Incentive Offer and have not received the cash, so that we can verify your eligibility. Payout for inquiries can be expected within 5 business days from the time eligibility is verified.