Lines of Credit

Line of Credit

A line of credit lets you enjoy access to funds up to a pre-determined limit as often as you want with repayment to suit your needs.
  • Pre-approved credit limit, minimum of $5000
  • Available at anytime and is ongoing even after paid down. Use for holidays, new vehicles, home renovations, bill consolidation
  • Competitive Interest Rates
  • Secured or Unsecured (dependent upon financial strength of borrower)
  • Repayment based on 2.5% of outstanding principal balance plus interest

 

Home Equity Line of Credit (HELOC)

  • Take advantage of equity in your home and use it to secure a home equity line of credit at a preferred interest rate.
  • Available at anytime and is ongoing even after paid down. Use your HELOC for holidays, new vehicles, home renovations, bill consolidation.
  • Interest only payment required based on outstanding principal balance
 

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