Personal Banking - Borrowing Options
Personal Mortgages
Planning on Renovating???
Find out how you can cash-in on the Home Renovation Tax Credit! Ask our personal lenders for more information, or visit the website listed above.
Credit Union Mortgages offer:
- competitive interest rates, 1 to 5 year terms available as well as our EmpoweRate 5 year capped term
- Choice of “open” or “penalty” mortgages
- CreditMaster mortgages which can save you money for future borrowing against your home
- Life and Disability Protection to protect your family and your future
- Choice of weekly, bi-weekly, semi-monthly or monthly payment options
- 90 day rate guarantee, so you can be confident that you received the best rate available
- Construction mortgages built with flexibility, to meet your needs.
- Full range of CMHC mortgage services www.cmhc.ca/en/index.cfm
- High ratio (low down payment) financing
- Home builder financing
- Second home financing
- Mobile Home loans
- Renovations and major repair refinancing
- Refinancing
*We encourage you to pay off your mortgage when you wish. Mortgage penalties are reduced by prorating over the term of your mortgage.
20/20 Mortgage Payment Program
North Peace Savings and Credit Union allows you to make lump sum payments on the mortgage equal to 20% of the original amount borrowed and increase your scheduled payments by 20%, at any time during the calendar year. Remember, your mortgage is usually your cheapest debt, but if it's your only debt, you can pay it off too.
Please contact our friendly and experienced lenders for more information or contact us online to get started on your loan application right away.
Personal Loans,
We offer both variable and fixed rates and can help you choose the term that most suits your needs.
- Personal Loans
- Car and Light Truck Loans
- Recreational Vehicles
Please contact our friendly and experienced lenders for more information or contact us online to get started on your loan application right away.
Personal Lines Of Credit
Line of Credit advantages are:
- “Lines of Credit” are linked directly to your chequing account, providing immediate funds, however and whenever you access your account
- Line of Credit balance fluctuates with your account balance, so interest is only charged on the exact amount you need, for the time you need it
- No fees, No Penalties
- Ongoing availability, no need to reapply
- Flexible repayment
Various types we offer are:
Overdraft Protection:
- Provides peace of mind, for possible chequing account shortfalls
- “Quick App”, simplified application and approval for amounts under $3,000
- Fixed interest rate
Personal Line of Credit:
- Low interest rate, based on Prime
- Authorized limits based on applicants eligibility
- No security required
Prime Line:
- Home equity Line of Credit, enables you to finance whatever you wish, based on the equity in your home
- Flexibility to match your needs and life
Please contact our friendly and experienced lenders for more information or contact us online to get started on your loan application right away.
Loan Protection
Credit Protection – Protecting the needs of our borrowing members
We are pleased to offer the following products to our members:
- Life Insurance
- Sickness and Accident Protection
- Line of Credit Coverage
Credit Questions?
Please contact our friendly and experienced lenders for more information or contact us online to get started on your loan application right away.
