Home Equity Loans- Line of Credit



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 customer-owners 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

MAXIMUM AMOUNT: 80 %

RENEWAL TERM-one to three years

 

 

 

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