Personal Lending

Personal Loans

 

• Fully secured loans available starting at prime rate
• Unsecured loans at competitive rates
• Life and Disability Insurance available
• Flexible repayment options
• 1 to 10 year terms

 

Personal Mortgages  

 

• CreditMaster, Conventional, CMHC Insured and Construction Mortgages available
• Life, Disability and Loss of Employment as well as Critical Illness Insurance available
• Flexible repayment and prepayment options
• 6 month and 1-5 year terms
• Up to 30 year amortization

Personal Lines of Credit

 

• Fully secured or unsecured
• Life and disability Insurance available
• Convenient overdraft protection
• Easy access through chequing account
• No administration or standby fees

 

RRSP Loans and Lines of Credit

 

• Re-advanceable RRSP Loans - maximum limit $7,500 - 1 & 2 year terms available
• RRSP Catch-up Loans - maximum limit $25,000 - 3 to 10 year terms available
• RRSP Lines of Credit - maximum limit $25,000 - LOC is limited to RRSP purchased
• RRSP conventional loans - 1 to 5 year terms
• Rates starting at Prime less 1/2 %, and vary with terms and type of loan 

RRSP investments must remain with UBCU until borrowed funds are paid in full.