Home Equity Loans

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.

Benefits:

  • Saves money - lower interest rate due to security.
  • Peace of mind with life, disability and job loss insurance available.

Features:

  • 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
  • Up to 25 years to repay.

MAXIMUM TERM-YRS 25

MAXIMUM AMOUNT: 80%

RENEWAL TERM-YRS 5