Home Equity Line
What Offers our members with a borrowing option by securing credit against the equity of their home
Who Personal Members
Borrowing Limit Up to C$500,000*
This product offers our members financing solutions with the advance of borrowing against the available equity in their home. The home is used as a collateral for the line of credit.
Features and Qualifications
This variable rate financing solution with a straightforward process, assists our members in achieving their financial needs. Members may instantly borrow within the set threshold. Thresholds depend on available home equity. There are no hidden fees with this straightforward borrowing solution where interest is calculated exactly and only on how much was spent.
Benefits of a Home Equity Line
- Instant source of funds for large expenses
- Ability to consolidate higher-interest rate debt
- Variable rate interest payment on only what is spent
*Existing outside Financial Institution financing and 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.