Personal Equity Link Line
Leverage the equity in your existing assets to meet your borrowing needs.
Leverage your equity to meet your borrowing needs
Features of our Equity Link Line
- Borrow $5,000 or more
- Choose between monthly, biweekly, or weekly payment options
- Secured and unsecured options available
- Additional disability, life, and critical illness insurance is available for qualifying borrowers*
Benefits included with all of our lines of credit
Pay interest only on the amount you use, with competitive and affordable rates
Receive answers quickly and efficiently with in-house approvals
Select payment options and terms that fit your budget
Enjoy the convenience of applying once, then using your funds whenever you need
Choose how you would like to use your Equity Link Line
Real Estate Equity Link Line
If you’re planning a renovation or home improvement project, you can leverage equity from your home or a property you own.
Registered Investment Link Line
Catch up or top up your investments, with access to credit you can use now and in the future.
Net Worth Equity Link Line
Leverage home or cash equity to cover the cost of a vacation or to consolidate high-interest debt.
Get ready for your lending meeting
Meeting with a lending specialist is a great opportunity for you to ask questions and explore your borrowing options. Here’s what we need you to bring.Download our checklist
Tips & tools
Personal borrowing rates
|Standard loan rate||6.70%|
|Line of Credit||7.70%|
|StudentFLEXTM Line of Credit||Rates Vary|
|Overdraft Link Line||18.0%|
Loan / line of credit / mortgage insurance coverage is optional and is underwritten and provided by CUMIS Life Insurance Company. Creditor’s group insurance coverage is optional and is underwritten by Co-operators Life Insurance Company. Supporting services, such as enrollment intake, medical underwriting and claims administration are provided by the employees of CUMIS Services Incorporated. Coverage is governed by the terms and conditions of the creditor’s group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements. See the Product Guide and Certificate of Insurance for full coverage details.