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Loans & Mortgages

PERSONAL LOANS

  • Loans for consumer based purchases (vehicles, household goods, holidays and debt consolidations)
  • Available as a term loan, quick loan or line of credit
  • Terms from 1 to 7 years
  • Variable interest rates based on Prime Rate
  • No prepayment penalty
  • Credit Insurance available
  • Fill out our online loan application!

RESIDENTIAL MORTGAGE

  • Loans for the purchase, construction or renovation of your personal residence
  • Conventional mortgage or CMHC Insured mortgages available
  • Financing from 80% for conventional and 95% for CMHC mortgages on assessed value
  • Fixed rates from 1 to 5 years or variable floating rate
  • Amortization up to 30 years
  • Property taxes can be included in the repayment terms
  • No prepayment penalty
  • Credit Insurance available
  • Fill out our online loan application!

FARM MORTGAGES

  • Loans for the purchase of farm land or construction of buildings on farm land
  • Conventional mortgage financing up to 75% of the assessed value
  • Fixed rates from 1 to 5 years or variable floating rate
  • Amortization up to 25 years
  • No prepayment penalty
  • Credit Insurance available
  • Fill out our online loan application!

FAMILY FARM TRANSFER MORTGAGES

  • Loans to assist in the inter-generation transfer of the family farm
  • Conventional mortgage financing up to 90 % of the transfer value
  • The vendor will receive the funds over a 5 year period
  • The purchaser builds equity with a minimal down payment
  • Fixed rates from 1 to 5 years or variable floating rate
  • Amortization up to 25 years
  • No prepayment penalty
  • Credit Insurance available
  • Fill out our online loan application!

FARM LOANS

  • Loans for the purchase of farm equipment or operating funds
  • Available as a term loan or line of credit
  • Terms dependant on the purpose and amount of the loan
  • Repayment dependant of the term and cashflow projections
  • No prepayment penalty
  • Credit Insurance available
  • Fill out our online loan application!

COMMERCIAL MORTGAGES

  • Loans for the purchase of business property, construction or renovation of commercial buildings
  • Conventional mortgage financing up to 75% of the assessed value
  • Fixed rates from 1 to 5 years or variable floating rate
  • Property taxes can be included in the repayment terms
  • Amortization up to 20 years
  • No prepayment penalty
  • Credit Insurance available
  • Fill out our online loan application!

COMMERCIAL LOANS

  • Loans for the purchase of business equipment, inventory or operating funds
  • Available as a term loan or line of credit
  • Terms dependant on the purpose and amount of the loan
  • Repayment dependant on terms and cashflow projections
  • No prepayment penalty
  • Credit Insurance available
  • Fill out our online loan application!

EDUCATION LOANS

  • Provide loans to full-time students attending an accredited post-secondary education institution
  • Maximum advance of $5,000 per year and $20,000 aggregate
  • Interest paid monthly
  • Principal repayment to begin within 6 months of withdrawal as a full-time student
  • Credit Insurance available
  • Fill out our online loan application!

RRSP LOANS

  • Provide loans to purchase RRSP
  • Maximum loan of $20,000
  • Terms up to 10 years
  • Variable interest rate
  • No prepayment penalty
  • Credit Insurance available
  • Fill out our online loan application!

 

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