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Get your cash back

 
get pre-approved
Get pre-approved
Start payments on a funded mortgage
Get a new mortgage
Enjoy your cash back
Enjoy your cash back
 
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Our mortgages

How our offer works

Choose SASCU for your new mortgage, or move your existing mortgage. Then be approved for a fixed or variable, closed mortgage on a 3+ year term and receive up to $4,000 PLUS an extra $500 as a first-time home buyer.

Your cash will be deposited into your
account within 30 days of the mortgage being funded. That’s it!
 

New to owning a home? Prepare by scheduling a review >

 
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Let's get you mortgage ready

Get pre-approved

If you’re able to start your house hunt, getting pre-approved is a great way to shop with confidence. It allows you to act fast if you need to, with confidence in your most competitive offer.

Speak to an Advisor >
 

Predict your cash back

 

Your Mortgage Value

 Cash Back

First Time Home Buyer Bonus

$0 - $99,999

N/A

N/A

$100,000 - $249,999

$500

+ $500

$250,000 - $499,999

$1,000

+ $500

$500,000 - $749,999

$2,000

+ $500

$750,000+

$3,000

+ $500

$1M+

$4,000

+ $500

 

FAQs

 
To qualify for our cash back mortgage offer, you must:
  • Be taking out a new, residential mortgage of at least $100,000 with SASCU — including new home buyers or those transferring a mortgage from another financial institution.
  • Be applying it to your new primary residence.
  • Apply and be pre-approved for a Fixed Rate Closed Term Mortgage with a term of 3 years or longer, or Variable Rate Closed Term Mortgage with a term of 5 years between April 7, 2025 and September 30, 2025 (offer may be modified, extended, or withdrawn at any time without notice).
  • Your SASCU mortgage must be funded within 120 days of rate guarantee start date.
You are considered a First-time Home Buyer, and qualify for the 'First Time Home Buyer Bonus', if you haven’t owned a home or lived in a home owned by your spouse or common-law partner in the current calendar year and previous four calendar years. At least one member who is a borrower on the Mortgage must be a First-Time Home Buyer to be eligible for the cash back offer.

Note: There's a limit of one cash back offer per member per funded mortgage. New joint SASCU mortgage will only qualify to receive one cash back between members.
Your Cash Back amount will be deposited into the SASCU account used for your mortgage payments within 30 days of the mortgage being funded.
A great first step to starting your homeownership journey is to meet with a SASCU Advisor.

Each case is unique and we want to set you up for success!
Your SASCU mortgage does not qualify for our cash back if:
  • It is a construction draw or commercial mortgage
  • You are a holding company
  • You already have an existing SASCU mortgage
  • It is not your primary residence
  • If you applied for a mortgage through a mortgage broker

Note: There's a limit of one Cash Back offer per member. New joint SASCU mortgage will only qualify to receive one cash back between members.

This offer is subject to meeting all SASCU lending and eligibility criteria. Cash back mortgage offers including First Time Home Buyer Bonus, are subject to full or partial repayment if mortgage is paid out or transferred prior to the end of its term. 

Eligibility and offer amount are restricted to criteria detailed in promotion's FAQs.

Other conditions apply. SASCU Credit Union reserves the right to extend, change, or withdraw the offer at any time. Offers may not be combined or used in conjunction with other SASCU offers unless otherwise stated, and only to the extent permitted under the terms and conditions of such offers.

 

Tools & Resources

 
Mortgage Calculator

Mortgage Calculator

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mortgage rates

Mortgage Rates

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Mortgage Application

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