What is Manulife ONE?

Manulife One is not a traditional mortgage. It is a flexible mortgage account that works by combining your mortgage – and any other debts – with day-to-day finances (including your income!) in a single personal borrowing and chequing account. And if you don’t have a mortgage? Then, set it up with no balance owing as a super line of credit for future use!

Manulife One can replace a traditional mortgage, personal loans, lines of credit, checking account and short-term savings. With a borrowing limit based on the value of the home, Manulife One works by combining your mortgage – and any other debts – with their day-to-day finances in a single personal borrowing and chequing account.

This is a fairly new concept in Canada – in fact, to date no other bank or insurance company is offering this product.

While Manulife One is new to Canada, the concept is a proven success in other countries. In Australia, more than one third of all new mortgages are being paid off sooner with plans similar to Manulife One and the concept is taking off in the United Kingdom.


For more information visit the Manulife One website at:

www.manulifeone.ca