Overview
Alberta Treasury Branch (ATB Financial) is a leading provincial lender in Alberta, offering a broad range of mortgage products with both competitive fixed and variable rates. As of July 2025, ATB provides several options tailored to different buyer profiles, including first-time homebuyers, those with smaller down payments, and clients seeking flexible payment or prepayment features.
Current ATB Mortgage Rates (as of July 2025)
The following table summarizes the most recent published rates for ATB Financial residential mortgages:
| Term | High Ratio Fixed | Conventional Fixed | Rate First (Lowest) |
|---|
| 5-Year Fixed | 4.09% | 4.39% | 3.99% (high ratio) / 4.29% (conventional) |
| 5-Year Variable | 4.30% | 4.60% | N/A |
| 4-Year Fixed | 4.39% | 4.49% | N/A |
| 3-Year Fixed | 4.39% | 4.49% | N/A |
| 2-Year Fixed | N/A | 5.59% | N/A |
| 1-Year Fixed | N/A | 6.09% | N/A |
- High ratio: Down payment less than 20%; requires mortgage insurance.
- Conventional: Down payment of 20% or more; typically no mortgage insurance needed.
- Rate First Mortgage: Lowest available 5-year fixed rate for qualified borrowers.
Key Features of ATB Mortgage Products
- Rate Lock: Pre-approvals lock in your rate for up to 120 days, protecting against increases before closing.
- Prepayment Privileges:
- Standard mortgage: Up to 20% lump sum and payment increase per year.
- Rate First mortgage: Up to 10% lump sum and payment increase per year.
- Flexible Payment Schedules: Monthly, semi-monthly, bi-weekly, or weekly options.
- Refinancing & Skipped Payments:
- Available on standard mortgages but not on Rate First mortgages.
- Cash Back Offers: Up to $6,000 in cash back on select mortgages and up to $7,500 in value for mortgage switches to ATB.
Special Programs and Lending Flexibility
- Mobile Homes: ATB finances mobile homes (most lenders do not), with special rules for amortization depending on the mobile's age and mandatory default insurance regardless of down payment.
- Acreage Properties: ATB will consider larger parcels of land (more than 5 acres) and more flexible down payment options, subject to insurer approval.
- Borrowed Down Payment: ATB offers "flex down" mortgages, allowing clients to borrow their down payment (up to 5%), provided overall debt servicing remains within limits and credit is strong.
- First-Time Homebuyers: ATB provides educational resources and tailored solutions for new buyers, including access to government programs and incentives.
ATB vs. Other Major Lenders
| Lender | 5-Year Fixed (High Ratio) | 5-Year Fixed (Conventional) | 5-Year Variable (High Ratio) |
|---|
| ATB Financial | 4.09% | 4.39% | 4.30% |
| Major Canadian Banks* | 4.29–4.79% | 4.49–4.99% | 4.50–5.00% |
*Typical ranges as of July 2025; check with individual banks for precise rates.
Provincial Considerations
- ATB Financial is exclusive to Alberta and is backed by the provincial government, which guarantees deposits and offers additional home financing flexibility, especially for unique property types.
- Mortgage regulations in Alberta generally align with federal rules, but local lenders like ATB can offer specialized products not always available from national banks.
Actionable Next Steps
- Compare Rates and Products: Use theratefinder to review and compare ATB Financial’s current offerings with other top Canadian lenders. This platform streamlines the application process for residential, commercial, and construction loans, helping you find the most competitive rates and features for your needs.
- Get Pre-Approved: Secure a rate lock for up to 120 days while you shop for a property.
- Explore Government Incentives: First-time buyers should investigate federal programs such as the First-Time Home Buyer Incentive, RRSP Home Buyers’ Plan, and any Alberta-specific grants or tax credits.
- Start Your Application: For a personalized, multi-step mortgage application experience with access to ATB and other lenders, begin at theratefinder.ca/onboarding.
Summary
ATB Financial offers competitive fixed and variable mortgage rates tailored to Alberta residents, with specialized products for unique property types and flexible down payment options. Their Rate First mortgage provides the lowest fixed rate for eligible buyers, and they offer strong prepayment and cash-back features. For a comprehensive rate comparison and application process, leverage theratefinder for access to leading rates and expert guidance.