Home Mortgage Loan & Rates
Whether you are buying your first home or moving to a new home, ICICI Bank Canada provides simple, worry-free financing. Our mortgage specialists guide you through every step.
Finding just the right home is a very important decision that takes time. We want to help you focus on finding your dream home instead of worrying about fluctuating mortgage rate. We guarantee the rate you are quoted on a fixed and variable rate closed mortgage for 120 days. We also offer a rate drop policy which can give you a better rate at closing time if the rate drops.
ICICI Bank Canada is known for exceptional rates on all our products and our mortgages are no exception.
Our mortgage specialists are available by phone or at any of our branches.
To save you interest and help you pay off your mortgage faster, we offer several flexible options for mortgage payments:
- Regular Repayments: You can make weekly, biweekly, or monthly payments on your mortgage.
- Accelerated Repayments: You can repay your mortgage faster through our accelerated repayment program by opting for weekly or biweekly payments.
- Annual additional payment: Each year you can increase your regular payments up to 20% of the current principle and interest payment. Each year you can prepay up to 20% of the original mortgage balance.