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Mortgage with cashback

Take advantage of our advice to enjoy your home sweet home.

For a limited time, get 1% bonus interest on the regular rate for a guaranteed investment certificate (GIC) with a two- to five-year term when you sign for a 5% cashback mortgage between January 1 and July 31, 2010*.

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In a nutshell…
You could receive a cashback of up to $25,000 from the Laurentian Bank to help you realize your dreams with total peace of mind – a highly attractive offer when you’re ready to purchase a home and get on with long-postponed plans.

With your cashback, you could:

  • Really get set up
    • Buy furniture
    • Add a pool
    • Renovate the kitchen
    • Finish the basement
  • Start on the right foot by settling
    • Notary fees
    • Welcome tax
    • Municipal and school taxes
    • Moving costs
    • Hook-up costs (electricity, cable, telephone…)

Rate guaranteed until July 31st*


Fixed-rate mortgage with cashback1 equal to a maximum of 5% of borrowed capital (various combinations of cashback and interest rate rebates are available).

Terms (closed fixed rate)  5 years
Payments Fixed amounts
Guaranteed rate Upto 120 days
15/15 option You can choose to make an additional payment or to increase the amount of your payments. The prepayment opportunity is directly applied to the principal, which in turn diminishes global costs.
  • Additional payments2
    Opportunity to make a principal payment of not more than 15% of the initial principal amount of the loan, once a year.
    AND / OR
  • Increased payment amount
    Opportunity to increase the amount of your payments once a year by up to 15%.
Payment frequency Monthly, month-end, biweekly or weekly payments (accelerated or not).

Consult our posted rates.

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Protect your loved ones from life’s uncertainties.


This mortgage product is for you if:

  • You’re seeking the stability of long term;
  • You’re not comfortable with rate fluctuations;
  • Your budget is somewhat tight;
  • You need cash.


This mortgage product is not for you if:

  • You’re not quite willing to sign up for a long-term mortgage; 
  • You can easily handle short term mortgage rate fluctuations;


Legal notice

1. Cashback is calculated according to the amount borrowed and used. Maximum cashback: $25,000. Subject to credit approval. Certain conditions apply.
2. This privilege applies to each mortgage loan (facility) separately. Note that if your mortgage is divided into facilities (more than one loan), it is not possible to apply the privilege of one loan (facility) to another.

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