Lines of Credit

Count on us for flexible financing right when you need it most, with a line of credit

Renovations

A line of credit offers flexibility and security to get the job done right.

Unexpected Expenses

A line of credit can alleviate the stress that accompanies
unforeseen bills.

Education

A line of credit can help you reach your academic goals without compromise.

Wedding

A line of credit can help turn your wedding dreams into reality.

How lines of credit work

Apply for the line of credit
Access your money as you need it
Pay it back over time on a schedule or pay interest only
Pay down the line of credit as often or as fast as you wish
Set up recurring transfers online to control extra payments

We’ll find the right solution for you

Line of Credit

Our line of credit is attached to your Chequing Account and interest is charged only on the amount borrowed.

Starting at $5,000
Low minimum monthly payments
Life and disability insurance available*
Unsecured line of credit (no collateral required)
Secured line of credit (using an asset such as your car or home, as collateral to secure the loan)

Book an Appointment

Home Equity Line of Credit

Borrowing may be as simple as contacting us. Your Mortgage is re-advanceable, giving you financial flexibility.

Your mortgage is re-advanceable, giving you financial flexibility
Borrow against your home equity for any purpose
Access first mortgage rates for renovations, new car, vacation home, tuition, travel or investments
One fast and easy transaction

In one fast and easy transaction, you can borrow against your home equity for any purpose.

Renovations, new car, vacation home, tuition, travel or investments - all are within reach at first mortgage rates.

Book an Appointment

3 tips to help pay down your line of credit:

Establish a prepayment action plan ahead of time and stick with it
Transfer small sums more frequently and stay motivated by seeing your progress
Support your repayment goals by reducing day-to-day purchases you can live without

Note: you must be 19 years of age or older to apply.

*Payment protection coverage is optional and is underwritten and provided by CUMIS Life Insurance Company. Coverage is governed by the terms and conditions of the creditor group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements.