Use the equity in your residential property or acreage to secure a credit line at a much lower rate.  It works like a credit line but with a lower lending rate – prime plus 1/2%!

• Credit line may be from $20,000 to $150,000
• Interest rate set at Community Savings’ Prime Rate plus 1/2%
• Funds may be used for any purpose – new purchases, loan consolidation, or to payout your first mortgage
• Funds may be accessed by cheques, MemberCard debit card, Global Payment MasterCard, Internet Banking, or TeleService
• Flexible repayment options; may be as low as interest only payment in a month.