Additional advantages

Diversification and safety

Unlike traditional financing products, the Versatile Line of Credit can help protect you from fluctuating interest rates. It allows you to diversify both interest rates and maturity dates by converting line of credit cash advances into separate mortgages or loans.

By choosing components that suit your borrower profile, you can save thousands of dollars in interest.

You can convert all or a portion of your line of credit into a mortgage or loan at any time. For example, you may elect to keep 10% of your line of credit balance at a variable rate, convert 50% of the balance into a 5-year fixed-rate mortgage, and convert the remaining 40% into a fixed-rate personal loan or a 1 year mortgage.

Peace of mind guaranteed!

Just like other Desjardins financing solutions, you can also benefit from Line of Credit Insurance or Loan Insurance. These two products can help you meet your payments in case of disability or repay your Versatile Line of Credit balance in the event of death.