*3.90 APR assumes the typical example of a new mortgage where there is no cost of borrowing other than interest. Legal fees would increase the APR. Interest is calculated half-yearly, not in advance. Quoted rate is based on new a high ratio mortgage where the borrower places a down payment of less than 20% of the purchase price of the home. Additional rate premiums may apply in cases of a refinance, extended amortizations, non-owner occupied, or other instances where application details may warrant it. Applications are subject to credit approval based on DirecTCU’s normal credit granting criteria. Additional restrictions may apply. Rates are subject to change without notice. DirecTCU is a division of Tandia Financial Credit Union Limited. ™DirecTCU is a trademark of the Canadian Credit Union Association and is used under license.