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Home Equity Loan

Benefits
  • Up to 100% Financing
  • Interest rates between 7% -8%
  • A 30 year maximum term with Life Cover over 10 years
  • Speedy approvals.
  • No penalty on accelerated repayments.
  • Funds can be disbursed to a checking or savings account to facilitate easy access.
Requirements
  • 2 Valid Picture IDs.
  • Building estimate or invoice.
  • Property valuation from reputable Evaluators recommended by ECAB.
  • Job letter or proof of income.
  • Life Insurance coverage and property insurance coverage assigned to the bank as a security measure.
  • Credit Reference from other Banks and letter of Good Standing.
  • Scheduled appointment for interview to complete and process loan application.
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