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   Home > Borrowing > Loans > Home Equity Loan

Home Equity Loan

Use the equity you have in your home to help finance larger borrowing needs. By using your home as collateral, you can borrow up to 75% of its current value, less the outstanding balance of any existing mortgage.

Features

  • A minimum loan amount of $10,000.
  • An amortization period of up to 25 years.
  • A fixed interest rate.
  • A convenient repayment schedule: Choose from weekly, bi-weekly, semi-monthly or monthly payments.
  • Re-pay by pre-authorized debit direct from your account.
  • Make a full or partial pre-payment with no penalty. Some restrictions apply.
  • Skip one month's payment twice a year. Some conditions apply.
  • Optional creditor life and disability insurance.

Apply Now


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