Skip to main content
Ratehub logo
Ratehub logo

Tangerine Mortgage Rates

Below you'll find the best mortgage rates from Tangerine. Be sure to compare rates between lenders to get the best product for you.

compare all

Tangerine Mortgage Rates

Rates updated:

  • No Results
Provider5 Year fixed5 Year variable3 Year fixed

Prime -1.15%





Prime -0.35%







Prime -0.28%






Prime -0.05%





Prime -0.50%






Prime -0.30%





Prime -0.05%




Let us help you find the best mortgage rates

Still don't know what you're looking for? Don't worry. We’ll find the best rates for you in less than 2 minutes.

How it works

  • Compare the best rates

    Answer a few quick questions and see the lowest rates you can qualify for.

  • Apply online

    Apply for your mortgage instantly and easily using our secure online application.

  • Connect with our mortgage advisors

    Questions or comments? Book a call and one of our mortgage advisors will walk you through all the details

Not sure where to start? Check out our tools to get started

Tangerine: Frequently asked questions

Are Tangerine rates lower than other banks?

How do I get a mortgage with Tangerine?

Can you negotiate a mortgage rate?

Check out the best current mortgage rates

Take 2 minutes to answer a few questions and discover the lowest rates available

Want to learn more? Check out our comprehensive education centre

Tangerine mortgage rates overview

Jamie David

Tangerine has made a serious effort to differentiate itself from the other large Canadian banks. The rebranded Canadian arm of ING, Tangerine offers a more basic set of mortgage products than some of the more established mortgage providers. Rather than being a drawback, this simplicity might suit you perfectly.

As with all major financial decisions, be sure to compare mortgage rates from multiple providers to get the best product for you.

Tangerine mortgage terms

Tangerine takes a simple approach to mortgage products, offering only two types of closed mortgage rates: fixed or variable. Fixed rates are available for 1 to 5, 7 and 10-year terms, while the variable rate is only available in a 5-year term.

Tangerine mortgage pre-payment

Tangerine enforces a straightforward '25/25' pre-payment program. Each year, you have the freedom to increase your regular payments by up to 25% of your original payment amount. As well, throughout the year, you can make lump-sum payments totalling up to 25% of your original mortgage amount.

Tangerine mortgage amortization

You can amortize your mortgage up to 25 years to help make your regular payments more manageable, and Tangerine's conventional mortgage allows you to skip a payment once a year and pay it back when it's convenient for you. The interest portion of the skipped payment is simply added to the principal amount and accumulates interest of its own.

Should you decide to move, you can rest easy, because your Tangerine mortgage is both portable and assumable. This means that if you decide to sell your home, you can either take your mortgage with you (portable) or give your buyer the opportunity to take it over (assumable), penalty-free.

Comparing Tangerine mortgages

Although easy to understand, it is important to compare Tangerine's mortgage rates against the more complex options offered by other lenders and brokers to ensure you obtain the best mortgage interest rate.

Accessing Tangerine mortgage rates

Unlike traditional lending institutions, Tangerine does not have any stand-alone branches. If you want to apply for a Tangerine mortgage rate directly, you'll need to contact them online or by phone. Alternatively, you can get in touch with a Tangerine-approved mortgage broker. Using a mortgage broker gives you the added benefit of being able to compare mortgage rates and products between different lenders, as well as the chance to speak to an independent mortgage expert who can give you personalized advice at no cost to you.

Tangerine mortgage pre-approval

If you apply for a pre-approval, fixed rates will be held for 120 days. If rates fall during the rate guarantee period, you could still be offered the lower rate for your mortgage. Once you have applied for a pre-approval, you can track the status of your Tangerine mortgage application online, from the comfort of your home.

Tangerine mortgage application checklist

To help save you time, here is a handy checklist of the information you will need to collect before you begin your mortgage application with Tangerine:

  • Personal information
  • Employment information
  • Information about your assets (account balances, investment values, vehicle ownership, etc.)
  • Information about your liabilities (such as credit cards, lines of credit, loans and leases, alimony or child support, etc.)
  • Proof of income
  • Details of any existing mortgages (term, payment frequency, amortization period, down payment, amount desired, etc.)
  • Information about the property you plan to purchase
  • Information about any existing property you own

More on Tangerine

Tangerine is not a traditional bank. It has no branches, and because business is conducted only over the Internet or by phone, Tangerine is generally able to pass those savings onto you, in the form of higher interest on deposits, with no fees or service charges on them, plus lower interest on loans. First opened in 1997 as ING DIRECT Canada, Tangerine was acquired by Scotiabank and rebranded in 2014.

Jamie David, Director of Marketing and Head of Mortgages

Jamie has 15+ years of business and marketing experience. She contributes her mortgage expertise to The Globe and Mail and authors Ratehub’s mortgage and homebuying guides. read full bio


Whether you need a mortgage, credit card, savings account, or insurance coverage, we help you find and compare the best financial products for your specific needs.

When it comes to mortgages, is more than just the place to research and compare the best rates. Get your mortgage at and have the best of both worlds – online rates and award-winning customer service. has been named Canada's Mortgage Brokerage of the Year for four years straight (2018-2021). With over 12 years of mortgage experience, and $11 billion in mortgages funded, we deliver you the best mortgage experience in Canada, from online search to close.

How does make money?

Financial institutions pay us for connecting them with customers. This could be through advertisements, or when someone applies or is approved for a product. However, not all products we list are tied to compensation for us. Our industry leading education centres and calculators are available 24/7, free of charge, and with no obligation to purchase. To learn more, visit our About us page.

How are CanWise Financial and connected?

We own and operate a mortgage brokerage, (formerly known as CanWise Financial), and are compensated for mortgages funded through our brokerage. Ratehub Inc. o/a & CanWise is a licensed mortgage brokerage and CMHC-approved lender. When comparing mortgage rates on, you’ll see rates from a number of lenders, including CanWise. All products are sorted according to the rates available to you and the selection criteria you’ve shared with us. Both and CanWise are owned and operated by Ratehub Inc.

We’re proud of our mortgage brokerage, which offers our users great rates, trusted advice and an award-winning team of mortgage experts. Read any of our 6,700 five-star Google and Facebook reviews and you’ll see what we mean.

read more about us