Scotiabank Military Mortgages


Here are some details to get you started on Scotiabank Military mortgages.


Scotiabank Military mortgages' penalties waived


You must provide original documentation.  This will be in the form of your Canadian Armed Forces identity card to confirm your status as Canadian Armed Forces personnel.

If you will be paying out your entire mortgage before the end of its term as a result of a transfer to another location in the course of your employment with the Canadian Armed Forces, no prepayment penalty charge will apply provided that:

  • Title to the property has remained in the name(s) of the person(s) who originally granted the mortgage; and
  • You provide us with supporting documentation relating to your transfer.

If cash back was granted at the start of the current mortgage term, repayment of the remaining unamortized amount is required with the mortgage payout.


Contact me today to get the best rates on Scotiabank Military mortgages


DND mortgages


DND mortgage solutions available here.

Canadian military mortgage options for Ottawa, Ontario and the rest of Canada.

I have access to DND mortgage solutions with Scotiabank, TD Canada Trust and more.

Canadian Military personnel who are re-assigned outside of Canada or within Canada who must sell their home are able to have their mortgage penalty waived.

As little as 5% down payment on your purchase.

Some bank/lender conditions apply.

Contact me for more details.


Military mortgages


Military mortgage options available here.

Mortgage solutions for Canadian Military.

A few points to know:

      • The options are for Canadian Military personnel who are re-assigned within or outside of Canada by the Military and must sell their Canadian residence are eligible to have the mortgage penalty waived
      • One must confirm that they are employed by the Canadian Military and are being stationed abroad or transferred to another military base within Canada
      • Department of National Defense (DND) package can be accepted as confirmation of closing costs for a purchase

Mortgage options with Scotiabank, TD Canada Trust and more.

Contact me for more information.

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About Andrew Thake

Andrew Thake is a seasoned mortgage broker with over 15 years of industry experience. He’s assisted more than 2,200 clients in finding their ideal mortgage solutions. Recognized for his excellence, Andrew has received high honours and awards, including the National Rookie of the Year from TD Canada Trust and recognition as a Top 10 Ottawa Mortgage Broker in 2023. He has also been inducted into the Hall of Fame at Dominion Lending Centres and has consistently received their Platinum Award during his tenure as a mortgage broker.

Andrew’s dedication lies in serving his clients and prioritizing their needs with an empathetic approach. Throughout the application process, he provides tailored, informed, and efficient services to ensure the best mortgage solutions for his client’s unique circumstances. The best part of Andrew’s job is when he gets to see the joy on his clients’ faces following their mortgage approval.

Why not make your mortgage experience a comfortable one?

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