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.
Saves money - lower interest rate due to security.
Peace of mind with life, disability, critical illness and job loss insurances available.
Security will normally be member's principal residence
Value of loan up to 80% of current appraised property value
Fixed or variable rate
All relative costs, i.e. legal, appraisal, etc. can be added to loan amount
Flexible weekly, bi-weekly, or monthly repayment schedules
Max amortization 25 years
Maximum term 5 years