Mortgage videos
Resources to help you manage your mortgage
Mortgages have a lot of different elements and a lot of intricacies. It can be overwhelming to build your knowledge, but it doesn’t have to be. We’ve been working with residential borrowers for more than 30 years, and we’ve learned a lot about what is confusing, what requires clarity and the best way to share knowledge. Our mortgage videos break down key concepts in a simple, clear way, so you can manage your mortgage and make critical decisions with more confidence.
Managing your mortgage
My Mortgage™ by First National
Managing your mortgage has never been so easy! Log into My Mortgage today at mymortgage.firstnational.ca
Paying your property taxes
First National can pay your property taxes, but sometimes timing affects which bills First National will take over.
Pay down your mortgage faster using prepayment privileges
With First National paying down your mortgage faster is easier than ever!
Using your lump sum prepayment privilege
Three ways to use your lump sum prepayment privilege and the benefits you can realize.
Using your 15% payment increase privilege
How to use your 15% payment increase prepayment privilege* and the 3 benefits you can realize. *Refer to your mortgage documents to confirm eligibility.
Using your double up prepayment privilege
How to use your double up prepayment privilege to pay down your mortgage faster.
Combining your prepayment privileges
How you can combine prepayment privileges to pay down your mortgage faster.
Home insurance and your First National mortgage
What to include in your home insurance policy and why it’s important to keep it up to date.
Changing your mortgage payment date
First National offers you flexibility with our payment date change process
Change your payment frequency to meet life's many changes
At First National you can choose a payment frequency that works best for you.
Converting to a fixed rate mortgage
It’s quick, easy and best of all there’s no fee!
How to read your Annual Statement
Your annual statement provides you with key information to help you manage your First National mortgage.
Privacy Protection
Discover the processes that we have in place to protect your personal and financial information.
Working with a mortgage broker
View Working with a mortgage broker video
How to switch to accelerated mortgage payments
How mortgage payments work
Understanding your mortgage documents
Understanding your mortgage
Adjustable rate mortgage vs. Fixed rate mortgage
Understand whether a fixed or an adjustable rate mortgage will be right for you.
Amortization vs. Term
Understand the differences between amortization and term and how one can impact the other.
Interest adjustment vs. Fee vs. Penalty
If you do have to make changes to your mortgage, there are potential costs that could apply.
Anniversary date vs. Maturity date vs. Last scheduled payment date
Making sense of these dates is critical, especially if you want to take advantage of your pre-payment privileges and consider your options for renewal.
Payment date change vs. Payment delay
Understand the differences between payment date change and payment delay and the processes involved in exercising these options.
Port vs. Assumption vs. Title Change
Your First National mortgage offers flexibility if you buy or sell during your mortgage term.
Bank of Canada Rate vs. First National Prime Rate
Distinguishing between the Bank of Canada Rate and First National’s Prime Rate, and how changes in First National’s Prime Rate can affect adjustable rate mortgages.
What is an Interest Adjustment?
Explaining Interest Adjustments, which can happen if you change your payment date or frequency.
Renewing vs. Refinancing
Understand the difference between renewing and refinancing your mortgage.
Calculating prepayment fees
Prepayment charges are calculated based on the type of mortgage you have.
Renewing your mortgage
Renewing your First National mortgage is easy
Learn how you can renew your First National mortgage in three easy steps.
Benefits of renewing your mortgage with First National
Renewing your First National mortgage is simple and we're here to help!
Refinancing your mortgage
Refinancing your First National mortgage
Did you know you may be able to unlock some of the equity in your home by refinancing your mortgage?
Consolidate your debt with First National
If you have more than 20% equity in your home you may be able to refinance to consolidate your debts.
Financing your home renovation
Renovate to breathe life back into your home.
Easy, convenient mortgage management.
Track your mortgage details, review your mortgage account, manage your mortgage payments, update your mortgage account information and more – online, anywhere, at any time.
