Oriana Financial Group of Canada Ltd.#10214

Home Equity Loan Plan

Did you know you can turn your home equity into cash? A Home Equity Loan Plan allows you use your home as security to borrow up to 80% of its current value minus what you owe. This is a great option to consider if for larger purchasing or renovation needs for a vacation home.

Note:  

  • 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 month's payment up to 2 times a year

CURRENT RATES

CURRENT RATES
Term Our Rate Bank Rate
2 YEAR 5.39% 7.35%
3 YEAR 4.99% 7.14%
4 YEAR 5.04% 6.99%
5 YEAR 4.89%* 7.04%
5 YEAR variable 6.15%* 7.20%
23 May 2024


*Special conditions apply. Interest rates are provided for information purposes only and are subject to change without notice.

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