Mortgage Reviews

Scotiabank Fixed Mortgage Consumer Reviews

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(54 reviews)
Scotiabank Fixed Mortgage
3.4 out of 5 stars:
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by Alex Salty on Feb 14, 2017
3.5 out of 5 stars

I had a fixed rate mortgage with Scotiabank after I have purchased my first property. The rate was quite good - my mortgage broker was able to find it for me. The customer service though was just ok, not spectacular. I realized it after switching to RBC where I currently have my mortgage. Also my wife had her mortgage initially with Scotia but when we went to a branch to discuss some additional aspects such as taking out equity from the existing property it seemed that the level of knowledge varied greatly across staff members - some mortgage specialists were quite knowledgeable but others less experienced. We felt that RBC really appreciates our business as opposed to Scotia. So we are happy about the switch.

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by Ivan V. on Feb 11, 2017
3.5 out of 5 stars

my mortgage rate went down over the course of the term and will continue to go down over the coming years

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by Joey A. on Feb 11, 2017
3.5 out of 5 stars

The mortgage process was smooth and rate wasn't the best but not the worst. I can see my mortgage online

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by Mabel L. on Feb 11, 2017
3.5 out of 5 stars

Excellent customer service and competitive rates. I can see my online banking in an easy and accessible way. Quick and attainable.

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by Leticia W. on Feb 11, 2017
3.5 out of 5 stars

rates were low and set up process was easy. renewal proces is very easy. however the initial application was handled by a mortgage broker

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by William L. on Feb 11, 2017
3.5 out of 5 stars

It was all very hands-off dealt with mostly by a real estate agent. I only got involved when it was time to sign.

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by Grace N. on Feb 11, 2017
3 out of 5 stars

The mortgage rate was reasonable - industry standard. Customer service was helpful but pushy. Overall my experience was OK.

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by Ramona P. on Feb 11, 2017
3 out of 5 stars

Scotiabank as my mortgage lender has a good rate, better than other bank, where, I think, my mortgage was set up initially. I can see my mortgage in online banking.

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by Lena F. on Feb 11, 2017
3.5 out of 5 stars

Hard to get a hold of loans manager to make changes. They promised to call and didn't and never returned messages. I had to go in and make changes with another person at Scotiabank

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by Suzanne R. on Feb 11, 2017
3.5 out of 5 stars

I went through a mortgage broker and she found two lenders for me to choose from. The better rate was at the Scotiabank.

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