Fully Secured Loan
What Offers our personal members with a secured borrowing option to apply towards personal needs
Who Personal Members
Period Up to 20 years
Borrowing Limit Up to C$5,000,000*
This product offers our personal members financing solutions to fund various types of personal expenses.
Features and Qualifications
This secured financing solution with a straightforward process, assists our personal members in achieving their financial needs by securing their borrowing with a collateral – existing personal funds deposited with Sharons Credit Union. Financing options may vary depending on collateral amount.
This product is available to members who are eligible with regards to the lending criteria, guidelines, terms and conditions and fees.
Regular principal monthly payments.
Principal repayment schedules are set up at product registration. Interest is divided equally into monthly payments.
*Credit scores play a role in eligibility, terms and limits in borrowing.
Please contact the closest branch to you today to either collect further details on any loan product or to set-up your loan interview with any of our qualified loan officers.