RRSP Loans and Lines of Credit

RRSP Loans and Lines of Credit

  • re-advanceable RRSP Loans - maximum limit $7,500
  • 1 & 2 year terms available
  • rates starting at Prime plus 1% and vary with terms and type of loan

RRSP Catch-up Loans

  • re-advanceable RRSP Loans - maximum limit $7,500
  • 1 & 2 year terms available
  • rates starting at Prime plus 1% and vary with terms and type of loan

RRSP Lines of Credit

  • Maximum limit of $25,000
  • LOC is limited to RRSP purchased RRSP conventional loans
  • 1 to 5 year terms

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