
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