120-day rate guarantee.
Our 120-day rate guarantee means you’re guaranteed your mortgage rate for 120 days, allowing you to find a house or renew your mortgage with ease. If interest rates go up during this time, your rate will remain at the lower locked-in amount. If the rate goes down within 120 days, we will give you the lower rate. This makes the guarantee a low risk/high reward mortgage solution.
This guarantee applies up to your funding date, meaning you are protected while you search for your dream home and complete your mortgage application.
How does it work?
Getting the process started is super simple, as you don’t need a full mortgage application to lock in a rate. Simply give us your name and phone number and we can start the process!
Beginning on this date, you’ll have 120 days (about four months) to find your dream home and finish your mortgage application.
Please note: this guarantee does not apply if rates drop after your mortgage has been funded.
Plan with confidence.
Common questions
Here's what people ask us the most.
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Our 120-Day Rate Guarantee lets you lock in an eligible fixed mortgage rate for up to 120 days while you search for your home. If rates increase during that time, you'll keep your guaranteed rate. If rates decrease, you may be eligible for the lower rate.
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If your home purchase isn't completed within the 120-day rate guarantee period, your guaranteed rate will expire. If you're still shopping for a home, your Mobile Mortgage Specialist or Financial Advisor can discuss your available options and current rates.
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You get the better rate. The Conexus 120-day rate guarantee protects you in both directions: if rates rise during your hold period, you keep the lower rate you locked in; if rates fall, you receive the new lower rate instead. This one-way protection removes the risk of locking in early, making it a smart first step whether you’re buying in Saskatchewan’s housing market or preparing for an upcoming mortgage renewal.
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Yes, it’s at the top end of the market. Rate hold periods at Canadian financial institutions typically range from 30 to 120 days, with many major banks offering 90 days as standard. The Conexus 120-day rate guarantee is one of the longest offered by any financial institution in Canada, giving you roughly four months of rate certainty — valuable breathing room in a market where the Bank of Canada’s rate decisions can shift mortgage rates within weeks.
Ready to lock in your rate?
Whether you’re starting your house hunt or planning ahead for renewal, locking in your rate today costs zero and commits you to nothing. Speak with a Mobile Mortgage Specialist or Financial Advisor and take rate worries off your plate for the next 120 days.
