Apply for a Loan

Apply for a Mortgage

Need more information?


Home with MortgageMortgage Solutions

Whether you’re a first time home buyer or looking to upgrade or downsize, we have the mortgage options that fit your needs.

Conventional Mortgages

A conventional mortgage is a type of mortgage loan that is no more than 80% of the appraised home value, therefore requiring a down-payment of at least 20%.

Less than 20% Down Payment Mortgages

A lower down payment or “high ratio mortgage” is a loan greater than 80% (to a maximum of 95%) of the appraised home value . This type of mortgage loan must be insured through Genworth Financial. The credit union offers first mortgages in this category that are either open or closed with terms from 1-5 years.

Mortgages on Rental Properties

Thinking about a rental property? Or perhaps you already have one and the mortgage is up for renewal.

GHCU now offers mortgages on rental properties. Call or visit a branch to book an appointment with a Lending Advisor to see how we can help.

Here are some of the features of our Rental Property Mortgage:

  • Non-owner occupied residential properties up to 4 units
  • 25 year amortization

Flex-line Mortgages

A Flex-line mortgage is a home equity line of credit. It is suitable for someone who has equity in their home and wants the flexibility of making payments as low (minimum is interest only) or as high as they want. The amount that you can borrow is up to 65% of the appraised value of your home.

Mortgage Insurance

For our conventional and flex-line mortgages, we offer group mortgage insurance through CUMIS.

Speak to one of experienced loan officers for more detail on the coverage offered or visit the CUMIS website

For our low down payment or high ratio mortgages, the credit union offers mortgage insurance through Genworth Financial. For more information please visit

Call or visit a branch to book your mortgage review.

Apply online for a loan or mortgage.

New CarPersonal Loans

The credit union offers personal loans for a variety of different purposes including small loans for vacations and home improvements and also new and used car loans. Call or visit a branch today.

Boys PlayingLines of Credit

We offer many different lines of credit for different purposes. There is the option of a student, RRSP, Christmas, and multi-purpose secured and unsecured line of credit.

RRSP Line of Credit

An RRSP Line of Credit is a great way to help you make a larger RRSP contribution. You can apply for an RRSP line of credit at any time during the year at our regular rate of 5.25% (If RRSP deposit is here).

Preferred Rate Home Improvement Line of Credit

If the only thing standing between you and your next home improvement is financing, talk to one of our Lending Advisors. Our Perferred Rate Home Improvement Line of Credit was created with GHCU members in mind. Here’s some of the features:

  • 5.70% variable rate
  • Available to anyone who has a first mortgage with GHCU (subject to terms and conditions)
  • $10,000 unsecured

Holiday Line of Credit

Our Holiday line of credit is available each year September to December, to help make the season a little brighter for our members.

Rate: 6.25%
Defer your first payment until January.

Subject to terms and conditions. Call the branch today to get started.

Apply for a Loan

Apply for a Mortgage

Need more information?