Residential mortgage
First home, move-up, refinance — for people who plan to live there. Up to 30-year amortization on uninsured deals.
- Self-employed friendly
- Portable across the prairies
- Member rate 0.20% better than posted
Mortgages
Mortgages built for prairie life.
Five mortgage types, all underwritten provincially — which means more flexibility than the Big Five for self-employed members, farmers, and seasonal-property owners.
Farm & agricultural
Land, equipment, operating lines, intergenerational transfers. Underwritten by ag lenders who know the difference between seed debt and equipment debt.
- Quarter-section to whole-farm
- Crop-cycle aware repayment
- Inter-generational transfer specialists
Small-business mortgage
Owner-occupied commercial, mixed-use, or your shop next to your house. Decisions made by the same people who decide on your business loan.
- Owner-occupied commercial
- Mixed-use residential / retail
- Up to 75% LTV on stabilised property
Cottage & second home
Lake places, hunting cabins, family compounds. Many bank lenders won’t touch seasonal access; we know the prairie shorelines and back roads.
- Seasonal & winterized cottages
- Recreational acreages
- Year-round and three-season access
Construction draws
For members building new on family land or in town. Progress-based draws scheduled around your timeline, not the lender’s.
- Custom build on owned land
- Up to 5 progress draws
- Convert to permanent at lock-up
Why credit unions can do this
We’re provincially regulated. You don’t face the federal stress test.
The federal mortgage stress test (B-20) applies to bank-issued mortgages. Because Prairie Heritage is regulated by the province, we can qualify you on contract rate rather than rate + 2%. For many self-employed and farm-income members, that’s the difference between approval and decline.
Member rates · Apr 2026
3-yr fixed
4.54%
5-yr fixed
4.29%
5-yr variable
5.05%
Farm 5-yr
4.89%
Cottage 5-yr
4.69%
Commercial 5-yr
5.49%
Become a member, then talk mortgages.
The 4-step member application takes about 15 minutes. Mortgage specialists call you after — typically within one business day.
Start your application →