Turn your home equity into cash. A Home Equity Loan Plan lets you use your home as collateral to borrow up to 80% of its current value minus what you owe. Its perfect for your larger purchasing or renovation needs for a vacation home.
- A minimum loan amount of $10,000
- Repayment period up to 25 years
- Fixed interest rate with flexible repayment schedule. Choose monthly, semi-monthly, bi-weekly or weekly
- Allows for flexible repayment
- Defer one months payment up to 2 times a year1
- Optional Creditor Life and Disability Insurance
1 Some conditions apply.
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