The DUCA Mortgage

The DUCA Mortgage

Your home is probably the largest purchase you’ll ever make. That’s why you need a mortgage with features designed to save you money and provide flexibility for the future.


  • Available in fixed rate or variable rate options
  • Terms from 6 months to 7 years
  • Monthly, bi-weekly, accelerated bi-weekly, weekly, or accelerated weekly payment options
  • Up to double payment option
  • Lump sum prepayment option allows you to repay up to 20% of the original or renewed balance annually. Prepayments can be divided up to quarterly throughout the year if desired.
  • Portable (take it with you if you move) upon DUCA approval. 

Mortgage Re-Advance
This feature allows you to borrow more money on your current mortgage without incurring legal fees or visiting a lawyer. The amount can’t exceed the original value of the mortgage and you’ll need to qualify for the re-advance.

Mortgage Re-Financing
If you already own your home and are looking for a new mortgage, our re-finance option allows you to do it for $499 (or less) without having to engage the services of a lawyer. We can usually process this in one week.

Make the Switch
Here’s another great reason to switch your mortgage to DUCA - we’ll cover up to $250 in transfer fees and make the switch completely hassle-free for you.

Insured Mortgages
If you’re ready to become a homeowner but you don’t have a 20% down payment, we can arrange an insured mortgage through an approved insurer (CMHC, Genworth Canada or Canada Guarantee). It will still be a DUCA Mortgage with all of the great features, services and profit-sharing benefits, but it will allow you to get into home ownership sooner, with as little as 5% down.

Choose a Fixed or Variable Rate

Choosing a fixed or variable term depends on what you’re comfortable with. With a variable rate you typically benefit from a lower rate, but, because it’s tied to market rates there’s a chance it might increase over length of the term. With a fixed rate your interest rate and payment amount stays the same throughout your term.

Great Advice

Whether you’re a first time homebuyer or looking to refinance your existing mortgage, let our experienced team help you choose the product that’s right for you. Our Mobile Mortgage Specialists can even meet with you outside regular branch hours and wherever is most convenient for you.



*Subject to terms and conditions. Contact DUCA for details.