Prospera
Insured
4.04%
5-year term
APR
Call for APR
Prospera advertised public mortgage rate; 5-Year Closed - Insured.
Uninsured mortgage rates
Ask about my rateCompare uninsured and conventional mortgage rates for 20% down or higher-equity Canadian mortgage scenarios, including flexibility and lender-fit notes.
Live rate snapshot
Top matches for this scenario
Showing the first 8 cards from 21 matching rates for Purchase · 5-year fixed · $900,000 · $75,000 down.
Purchase5-year fixed$900,000$75,000 down
fixed
Beem Credit Union
Insured
4.14%
5-year term
APR
Call for APR
Beem public featured insured 5-year fixed closed mortgage rate.
BlueShore Financial
Insured
4.14%
5-year term
APR
Call for APR
Beem public featured insured 5-year fixed closed mortgage rate.
ATB Financial
Rate First
4.29%
5-year term
APR
Call for APR
Client Rates · Our featured offers · 5 Year High Ratio.
DUCA
Insured
4.29%
5-year term
APR
Call for APR
DUCA advertised high-ratio fixed mortgage rate; 5 Year.
CoastCapital Savings
Insured
4.34%
5-year term
APR
Call for APR
5-Year Fixed High Ratio Rate. Qualifying rate 5.250%.
Need more filters?
Launch the full rate explorer
Load the full comparison workspace when you want to change occupancy, term, amortization, or compare more cards side-by-side.
Compare the same balance, term, amortization and insurance category. Displayed rates depend on eligibility and lender approval.
Sign in to save your comparison →Make a fair comparison
Understand the rate you’re looking at.
An uninsured mortgage is not covered by borrower-paid mortgage default insurance and commonly begins with at least 20% down or equity. It avoids the insurance premium and can support scenarios that insured rules exclude, but its rate may be higher. Compare flexibility, amortization, property eligibility, and total term cost.
Uninsured mortgages avoid insurance premiums but may have slightly higher rates. Compare total cost and flexibility.
- Typical equity
- At least 20% down or existing equity
- Potential advantage
- No borrower-paid default-insurance premium
- Compare
- Rate, amortization, property rules, and flexibility
Why uninsured pricing can differ
Without mortgage default insurance covering lender loss, the lender prices more of the property and borrower risk directly. Loan-to-value, amortization, transaction type, occupancy, property use, and lender funding strategy can all affect the rate bucket.
Some mortgages with 20% or more equity may still be lender-insured or insurable behind the scenes. Ask which pricing category applies rather than assuming every conventional mortgage is identical.
Use the flexibility an uninsured file can provide
An uninsured mortgage may support a longer amortization, higher purchase price, refinance, equity takeout, rental use, or a property excluded from high-ratio insurance. Those features can matter more than a small rate difference.
Compare the uninsured offer with its insured alternative only when both scenarios are genuinely available, then include the premium, cash retained, payment, qualification, and exit plans in the decision.
Before you accept an offer
- For 20% down or higher equity positions.
- Compare fixed and variable pricing on the same screen.
- Save scenarios to plan renewal or refinance strategies.
Clear answers
Before you decide
Do uninsured mortgages have lower total cost?
They avoid insurance premiums, but rates can be higher. Compare full cost over the term.
Is 20% down enough for all lenders?
Generally yes, but some lenders require more for certain property types.
Keep comparing
References
Use the regulator and consumer-agency guidance alongside the written terms of your lender’s offer.
Pragmatic Mortgage Lending · BC & Alberta
Find the rate that fits the whole mortgage.
We’ll review lender eligibility, penalties and flexibility alongside the payment.