Home Equity Loans

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

Benefits:

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

Features:

  • Security will normally be owner'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, bi-weekly, or monthly repayment schedules
  • Up to 15 years to repay

Maximum Term -Years   15

Maximum Amount: 80 %

Renewal Term - Years 3

 

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