Since opening your Manulife Bank Select account, you’ve done well paying down your mortgage. That kind of progress is worth repeating!

Whether you’re looking for a mortgage with short-term flexibility or long-term predictability, Manulife Bank Select delivers with a variety of term and interest-rate options to meet your needs. You can renew your mortgage with the Manulife Bank mobile app, or you can contact us to get help figuring out which mortgage term and type is right for you.

If you want flexibility Consider these terms
  • Do you plan on moving to a new home?
  • Are you considering selling your property?
  • Is your income level likely to change
    (e.g. promotion, retirement, extended leave from work, inheritance, etc.)?
  • Fixed: 1-year open
  • Fixed: 1-year closed
  • Fixed: 2-year closed
  • Fixed: 3-year closed
If you want predictability Consider these terms
  • Do you want a disciplined payment schedule to pay down your debt?
  • Do you want to avoid fluctuating interest rates?
  • Fixed: 3-year closed
  • Fixed: 4-year closed
  • Fixed: 5-year closed
  • Fixed: 7-year closed
  • Fixed: 10-year closed

View our current rates. If our interest rates change before your maturity date, you’ll receive the lower of the current rate or the rate listed in your renewal agreement.

Flexible features put your goals within reach

Manulife Bank Select offers flexible features that can help you achieve your financial goals, including:

  • Competitive prepayment privileges: pay down your mortgage even faster with one-time prepayments or by increasing your regular payments.
  • Low prepayment penalties: to help you manage unexpected life changes.
  • Portability: if you move, you can take your mortgage with you!

Did you know you can renew an eligible mortgage using the Manulife Bank mobile app?1

Follow these steps to renew your mortgage in the mobile app:

  1. Download Manulife Bank for your iOS or Android device and log into the app
  2. Tap More in the main menu, followed by Services & Fees, then Renew your mortgage or sub-account
  3. Review and update your contact information, including your phone number and email address
  4. Select the account you want to renew (if you have more than one)
  5. Select your new mortgage type and term
  6. Consent to the terms and conditions
  7. Tap Submit

Your new term will be reflected in your account details one business day after the scheduled renewal date of your current term.

To renew your mortgage over the phone, call us at 1-855-682-5979, ext. 143406 or email mortgagerenewal@manulife.ca. We’ll guide you through the renewal process and discuss your options so you can feel confident choosing the term and interest rate type that works best for you.

With Manulife Bank Select, you have access to complementary products that can help provide extra protection and flexibility, including:

  • Mortgage protection insurance: an inexpensive way of protecting your financial stability and maintaining your family’s standard of living should an unexpected death, disability or job loss occur.2
  • ManulifeMONEY+™ Visa* credit cards: enjoy valuable introductory offers, cash back rewards, and protection on every purchase.3