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, critical illness, and job loss insurance available

Features:

  • Security will normally be the member's principal residence
  • Maximum loan amount is based on the property value and certain conditions will apply
  • Fixed, current rate
  • All relative costs, i.e. legal, appraisal, etc. can be added to loan amount
  • Flexible weekly, biweekly, or monthly repayment schedules
  • Flexible renewal terms 
  • Flexible pre-payment and payout options