Home Equity Loan - Line of Credit

Use the equity in your home to give you the financial freedom you require to make those necessary home renovations, do some well-deserved travelling, pay off high-interest debts, or for whatever lifestyle goals you may have in mind.

  • Saves money - lower interest rate due to security
  • Peace of mind with life, disability, and job loss insurance available
  • Security will normally be member's principal residence
  • Value of loan up to 80% of property’s value
  • Fixed, current rate
  • All relative costs, i.e. legal, appraisal, etc. can be added to loan amount
  • Flexible weekly, biweekly, or monthly repayment schedules
  • Renewal term - one to three years

All lending is subject to credit approval within normal credit guidelines.