Valuable Tips

Big plans?
Moderate plans?
Little fix-ups?

Big plans?

Desjardins mortgage financing

When you refinance a home, it is wise to register the maximum guarantee value, as per the value of the residence. This way, you'll get the best rates on the market for the financing of your other projects (second residence, car, investment, travel, studies, etc.). Wise!

Moderate plans?

Desjardins mortgage loan Multiproject option

If you decide in favour of the Multiproject option, ask your advisor to adjust your payment according to the schedule you set to repay the "renovation" or "other project" portion of your loan. This way, you'll get all the related advantages.

Why not refinance the loans you took from other financial institutions? This will allow you to make only one payment and get the best rate on the market. Logical!

Desjardins line of credit

Ask for special Desjardins cheques that pay out of your line of credit, without changing the balance of your regular account. They make it so easy to follow your renovation expenses.

If you suspect a rise in interest rates, you can transform your line of credit into a fixed rate loan at any time. Incredible!

Desjardins personal loan

When you decide on a payment schedule, choose one that corresponds with your income deposits. a good schedule and accelerated payments will help you repay the loan quickly, reduce interest costs and keep your budget simple.

Don't forget! With a Desjardins loan, you can repay the capital any time - no penalties. Ingenious!

Little fix-ups

À la carte credit: VISA Desjardins

With the VISA Desjardins authorized payment service, you can pay your monthly balance through a withdrawal made on your due date, directly from your savings account.

If you expect to carry a balance on your credit card and if you have good payment ability, VISA Desjardins offers the option of a reduced interest rate (for a $25 annual fee). Brilliant!