Mortgage Reviews

Scotiabank Variable Mortgage Consumer Reviews

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(14 reviews)
Scotiabank Variable Mortgage
4.3 out of 5 stars:
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Incompetent Financial Planners

by Bossa Nova on Feb 26, 2017
1 out of 5 stars

Scotia Bank has incompetent hires/staff that don't understand their products and services offered to clients. While I had a mortgage with them, I applied for a Homeline Credit some years ago and the Financial Planner had opened an online application on their system with erroneous data that indicated that my property was not a primary residence but in fact it was my primary residence. He was not able to correct the application and I was held back from receiving a homeline of credit. This resulted in me transferring my mortgage and various other accounts to RBC plus paying a penalty for transferring my mortgage before renewal date. I strongly discourage the use of this bank as the staff are incapable, not qualified, and not trained well.

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by Moses G. on Feb 11, 2017
4 out of 5 stars

Questions answered quickly. Rate was good. Mortgage is seen in online banking. Rep was knowledgeable and friendly. Mortgage can be changed to fixed at anytime.

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by Elias H. on Feb 11, 2017
5 out of 5 stars

we have had fantastic customer service so even though a lesser interest rate was available we trusted the bank more than mortgage broker

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by Allison S. on Feb 11, 2017
4.5 out of 5 stars

I have had a very good experience with Scotiabank the rate was good and the experience with my bank was very good. However I haven't always had this experience. It depends on the advisor that I deal with at the bank.

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by Ada M. on Feb 11, 2017
4.5 out of 5 stars

My personal banker made all the difference in my choice! She found the scenarios that fit my needs and helped me choose

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by Heidi S. on Feb 11, 2017
4 out of 5 stars

It is easy for us to do the mortgage renewing the rate is good. when we have questions it is esay to call and get the answers.

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by Jo B. on Feb 11, 2017
5 out of 5 stars

All our questions are answered or looked into in a timely manner. When it is time to renew our contact at the bank always makes sure that we are notified in advance will also call to remind us and always makes sure we have the best rate.

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by Archie D. on Feb 11, 2017
4.5 out of 5 stars

The mortgage process went smoothly rates are fine. Customer service has always been great mortgage can be seen in online banking

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

They have been great since the begining. They answer quesdtions quick. Everything they send out is easy to understand and clear to read.

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The easiest way to get the best mortgage

Homewise Mortgage

 

  • We search the market for you, negotiating with over 30 banks and lenders to save you up to $20,000

  • Whether it is pre-approval, approval, refi or switch, apply in only 5 minutes.

  • We negotiate with many prime A lenders to get you the best rates and features in Canada.

  • We also negotiate with B and private lenders for self-employed, low credit or high debts to get tougher approvals too.

  • All our services are free of charge.

Find out more now

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

As a member of the military I often move every 2 to 3 years. Scotia Bank has been very receptive to the unique requirements of a transient population and have made the mortgage process a painless experience.

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