Caisses Desjardins du Québec and Caisses populaires de l'Ontario [Change site]

Multiproject Option

Who should get this option on their loan?

Desjardins mortgage holders who want to re-borrow money already paid on their mortgage loan to finance a personal project.

The Multiproject Option can be used as often as you like, for similar or different projects, without legal fees or other fees. If this option is not included in your mortgage, you can obtain it when you refinance your home.

Features

Interest rate
Equal to your current mortgage rate (lower than the rate on a personal loan or line of credit).
See current rates.
Maximum amount available
The amount you have paid back on your mortgage, up to the initial loan amount.
Repayment
You only have to make one periodic payment because it is combined with your mortgage payment.
How to get this product
Online Online
(Members)
At the caisse At the caisse
Make an appointment with a caisse advisor:
Documents to bring to your meeting

Interest rates

Mortgage loan
As of November 21, 2009 Available in RSS format
Term
Rate
"5-in-1" Yearly Fixed-Rate Resetter Mortgage Loan
3.00%
5 years (Closed fixed)
5.59%
Reduced variable rate
2.25%
Other rates – Mortgage loan

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