Web Content Viewer
Print
Products > Banking > Select Mortgage

Manulife Bank Select: Introduction

Whether your clients are first-time homebuyers, refinancing or want a more convenient or integrated way of banking, Manulife Bank Select provides a range of mortgage choices to suit their needs.  Manulife Bank Select is a flexible and customizable banking solution that combines a traditional amortizing mortgage and a high-interest* chequing account in one convenient product.

Your clients have the option to choose fixed or variable rates and open or closed terms to create a customized mortgage to suit their needs. With Manulife Bank Select, your clients can get the best of both worlds with mortgage portions.  They can split their mortgage into up to five portions, each with its own structure.  Plus, they earn a high rate of interest* on every dollar in their account while enjoying full chequing features for all their daily banking needs.

Compliance is important

There are some limitations to how you, as a financial advisor, can market this account to your existing clients due to various provincial mortgage broker laws and other regulatory requirements. It’s important that you understand what these are. Details about how you can and cannot market Manulife Bank Select are available on the Selling page when you are logged into this site.

Because of these limitations, your Business Development Consultant (BDC) will be your primary point of contact with us. He or she will inform you on all of our products, discuss sales strategies and potential opportunities with you, and introduce you to other bank specialists when needed.

 

*Interest earned is calculated on the daily closing balance and added to the account monthly. Visit www.manulifebankmortgages.ca for a full list of account features and, where applicable, fees.