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Financing options

Have you recently taken out a loan or are about to do so?

Features

  • Re-borrow principal up to the initial loan amount
  • Eligible for a loan already secured by a real estate or chattel mortgage
  • Similar or different project as the initial loan

Advantages

  • Re-borrow all or a portion of the principal repaid
  • No additional fees for the taking of security
  • Can be used more than once after the loan has been repaid in full

Features

  • Lets you split up a large term or mortgage loan into up to three smaller loans
  • Rates, terms and amortization periods established separately for each loan
  • Amortization up to 25 years
  • Flexible term of 1 to 10 years
  • Competitive rate
  • Available for loans with a fixed rate or as a combination with a variable rate

Advantages

  • Diversify risk linked to fluctuating interest rates, and in so doing reduce it
  • Simplifies budget planning since you can predict cash outflow required for interest payments

Certain conditions apply.

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