Flexible Rate Mortgage (FRM) - Terms and Conditions*

Marketing Disclaimer:

"This product only applies to owner/non-owner occupied residential properties. Customers must comply with the Terms and Conditions applicable to Scotiabank Mortgages. Mortgage applicants must meet Scotiabank Mortgages lending criteria. FRM's interest rates and product availability are subject to change without notice at any time. Interest rates and payments for customers with an FRM are subject to change annually at their FRM anniversary date. Customers who do not respond to the annual FRM notification letter sent to them will have their FRM be automatically renewed for a one year term effective 60 days after their FRM anniversary date."

General terms and conditions apply to each eligible mortgage product.

The terms and conditions for The Flexible Rate Mortgage can vary at any time, at Scotiabank's sole discretion without giving any notice or reason.

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