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.