Closed Term Mortgage

Our Closed Term Mortgages offer a fixed rate at a defined term. Choosing a mortgage is as important as choosing your home! We can show you the financial options available and help you choose the best mortgage to suit your budget, lifestyle and general needs.


  • Generous pre-payment options
  • Convenient weekly or bi-weekly payment schedules can actually save thousands
  • Peace of mind with low-cost life, disability, critical illness, and job loss insurance for single or joint coverage


  • Flexible repayment term - choice of amortization
  • Renewal terms of 1 to 5 years
  • Competitive rates
  • Pre-approvals available
  • Maximum amortization up to 25 years
  • Semi-annually or monthly statement with a chequing account
  • Financing may be available up to 95% with CMHC insurance
  • Payments via payroll deductions, automatic transfer from your Valley Credit Union account, or Automatic Funds Transfer from another institution
  • Property taxes are collected and can be paid each year by Valley Credit Union on behalf of the member upon request
Click here for rates.

Unsure of what mortgage works best for you? Try our Mortgage Calculator or Make an Appointment today to talk us about your options.