Peace Hills Trust
First Nations-owned federal trust company offering conventional and CMHC-insured mortgages with as little as 5 percent down, including purchase-plus-improvements. It also finances on-reserve housing through ministerial loan guarantees and the First Nation Market Housing Fund. It lends Alberta, Saskatchewan, Manitoba, British Columbia, Ontario, New Brunswick.
Prepayment-penalty method
Standard penalty (about three months' interest)
Breaking early is penalized at roughly three months' interest, an open-style penalty that is generally on the lower, more predictable end.
See what breaking a mortgage early could costWho it tends to fit
- Self-employed and business-owner borrowers
General signals only. Approval depends on the full application; a lender that fits on paper still has to say yes.
What you can do with it
- Buying a home
- Renewal or switch
Features
- Prepayment privileges (pay extra without a penalty)
Rate types
- Fixed rates
Where it lends
Alberta, Saskatchewan, Manitoba, British Columbia, Ontario, New Brunswick
Good to know
- Regional offices are in Alberta, Saskatchewan, Manitoba, BC and Fredericton, New Brunswick, plus an Ontario lending team; apply through an account manager.
- Closed terms allow prepayment of up to 10% of the original balance per year without charge.
- Published term menu is short (6-month and 1-year open, 1 and 2-year closed); amortization up to 25 years.
How to reach Peace Hills Trust
You deal with this lender directly, no broker required. This is educational information, not a rate quote; confirm current rates and terms directly.
Visit Peace Hills TrustEducational summary; rates, terms, and approval are set by the lender.
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Other trust companies
Educational information about Canadian mortgages, not financial or mortgage advice. This tool is offered by Jordan Avery, Mortgage Agent (Level 2), Licence M23999999 · Maple Key Mortgages Inc., FSRA Brokerage Licence 13999 and operated by LenderSearch; figures are estimates. Confirm all rates, terms, and eligibility directly with the lender before acting.