Switch to a Cambrian Mortgage

Switch and join over 80,000 home owners who chose to finance locally with Cambrian to get a low rate, flexible terms & personal advice. Plus, we'll pay your transfer fees.

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Switching Mortgages FAQs

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Mortgage Offers

Cambrian Variable closed mortgage logo link

1.55 Percent Rate

Save money with our lowest variable rate!

Plus, you can switch to a fixed rate mortgage at any time in the future. The choice is yours.

It only takes 15 minutes

See full details

Logo Showing Cambrian 2 year fixed mortgage rate - 1.95%

1.95 Percent Rate

Get peace of mind with our low fixed rate!

Get pre-approved and we’ll hold this rate for 120 days, giving you time to find your home or transfer your mortgage.

It only takes 15 minutes

See full details

Cambrian Variable Open Mortgage Logo 2.45%

Image showing Cambrian's Variable Open Mortgage rate - 2.45%

The flexibility you want with a low variable rate!

Our Variable Open mortgage let’s you make changes to your mortgage anytime, without penalty.

It only takes 15 minutes

See full details


What Transfer Fees are Covered?


In Manitoba, the following fees apply when you transfer a mortgage to another financial institution. When you switch your mortgage to Cambrian, we will cover all the fees indicated below.

  • Title Insurance Fees
    • Cambrian works with First Canadian Title to provide coverage that will protect you in the event of title or land survey issues.
  • Discharge Fees
    • When your transfer your mortgage, your current financial institution must give up the rights to your property.  This is known as “discharging” your mortgage.  We currently cover up to up to a maximum of $235 of discharge fees charged by the other financial institution.
  • Property Valuation Fees
    • As part of the mortgage transfer, we may require a property value appraisal to establish the value of your home.

If you incur mortgage prepayment penalties when transferring your mortgage, we can add that amount to your Cambrian mortgage so that you do not need to pay out of pocket.

To discuss switching your mortgage without paying transfer fees, book an appointment.

Find out How Much You Can Save

Use our Mortgage Comparison Calculator to see how much you could save by switching to Cambrian.

Mortgage Comparison Calculator

What you get with a Cambrian Mortgage


  • Low Mortgage Rate

    At Cambrian, we design all our mortgages specifically for our members in Winnipeg and Selkirk. Which is why we keep our mortgage rates among the lowest in the market. Our focus is on saving you time and money.

  • Rate Guarantee

    When you switch to Cambrian, we will guarantee our fixed mortgage rate for 120 days, so you know that your great low rate is locked in prior to your mortgage maturity date.

  • Quick Approval

    Because we are based in Winnipeg and Selkirk, our team can get your mortgage approved as quickly as you need it. And with our quick 15-minute web application, you can get started right away. 

  • Pay Off Your Mortgage Faster
    We love helping you save money. Which is why you can choose to pay up to an additional 20% of your original mortgage balance every year, without penalty. Make one lump sum payment or make additional payments throughout the year.
  • Local Expertise
    Our advisors live in and intimately know the Winnipeg and Selkirk markets. They are experts on mortgages in the community you’re looking to purchase in.
  • Advice and Care
    Our advisors love helping people just like you become homeowners. Rest assured that they will guide you each step of the way through the financing of your home.

Guide to Switching your Mortgage

Get answers to these 6 common questions people ask when switching their mortgage.

  1. What does it mean to switch my mortgage?
  2. Why would I switch my mortgage to Cambrian?
  3. What is a mortgage penalty?
  4. Are there fees for switching a mortgage?
  5. Will I save money if I switch my mortgage?
  6. How do I switch my mortgage?

Learn More About Switching 

Answers to your Mortgage Questions




Ready to Switch?

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Quick 15-Minute Application

Apply Online
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Meet with an Advisor

Book Online