Fine Print

Bundle and Save – Terms and Conditions

The Bundle and Save Mortgage and Auto Loan rates (“Bundle and Save Rates”) are only available if you are approved for both the mortgage and auto loan and both loan transactions result in a closing.

The Bundle and Save Rates are available to new and existing members.

Mortgage loan and auto loan applications must be received between August 15 and September 30, 2024. Applications received prior to August 15 or after September 30, 2024 will not be eligible for the Bundle and Save Rates.

The mortgage rate offer is only available for applications on a 5-year fixed high ratio insured mortgage for owner-occupied properties with an amortization of 25 years or less.

The mortgage loan must be funded within 120 days of the application date.

The mortgage loan must have a new principal amount funded of $100,000 or more.

A 5-year fixed conventional mortgage rate offer of 4.99% is available for new, renewing and mortgages transferred from another financial institution.

The auto loan must have a principal amount of $25,000 or more.

Where the auto loan pays out an existing auto loan at a different financial institution, the auto loan must have been open for a minimum of 6 months prior to being paid out.

The auto loan offer is only available on automobiles used for personal use. It does not apply to motorized off highway recreational vehicles, automobiles or vehicles used for commercial purposes or any other vehicle WFCU determines does not qualify for this offer.

Amortization terms available are for up to 8 years based on qualifying model year. For clarity, a maximum of a 4-year term is available for 2019 models, a maximum of a 6-year term is available for 2020-2022 models, a maximum of a 7-year term is available for 2023 models, a maximum of an 8-year term is available for 2024 and newer models.

The mortgage rate offer is not available to mortgage brokers.

Where only a mortgage loan or auto loan is needed and applied for (1 lending product), the Bundle and Save Rates are available on the same terms if a Gold or Diamond EVA chequing account is opened with payroll and/or pension amounts being deposited and the mortgage and/or loan payments being withdrawn, and the account must be open for a minimum of 6 months. If the account is closed within 6 months of its opening, the Bundle and Save Rates will no longer be available and the prevailing mortgage and/or auto loan rate at the time of approval will be applied for the remainder of the term.

Other terms and conditions apply.

This offer is subject to credit approval, may be changed or withdrawn at any time, without notice, and cannot be combined with any other offers.

Spring Mortgage Special Official Terms and Conditions (2-year Fixed)

The mortgage rate offer is only available for applications received by August 15, 2024 on a 2 year fixed mortgage with an amortization of 25 years or less.  All mortgage applications are subject to additional restrictions and conditions, credit approval and must be funded within 120 days of the application date. This offer may be changed or withdrawn at any time, without notice and cannot be combined with any other offers.

• The mortgage rate offer is only available for a 2-year fixed term with an amortization of 25 years or less.
• The mortgage rate offer is available to mortgage applications submitted by August 15, 2024.
• The mortgage loan must be funded within 120 days of the application date.
• The mortgage rate offer is not available in combination with any other mortgage offers. Other conditions and restrictions apply. Offer subject to credit approval and may be changed or withdrawn at any time, without notice.

Spring Mortgage Special Official Terms and Conditions (5-year Fixed)

The mortgage rate offer is only available for applications received by August 15, 2024 on a 5-year fixed mortgage with an amortization of 25 years or less.  All mortgage applications are subject to additional restrictions and conditions, credit approval and must be funded within 120 days of the application date. This offer may be changed or withdrawn at any time, without notice and cannot be combined with any other offers.

• The mortgage rate offer is only available for a 5-year fixed term with an amortization of 25 years or less.
• The mortgage rate offer is available to mortgage applications submitted by August 15, 2024.
• The mortgage loan must be funded within 120 days of the application date.
• The mortgage rate offer is not available to mortgage brokers.
• The mortgage rate offer is not available in combination with any other mortgage offers. Other conditions and restrictions apply. Offer subject to credit approval and may be changed or withdrawn at any time, without notice.

Other Mortgage Specials

• The promotional rate of 5.29% per annum is for a closed, fixed, two-year term mortgage.
• The promotional rate of 5.19% per annum is for a closed, fixed, three-year term mortgage.
• These promotional mortgage rates are only available to members of an owner-occupied property. Other rates and terms are available. Rates are subject to change at any time.