Equity Plus Visa® Line of Credit

A flexible, convenient way to borrow money using your home as security (collateral) for the line of credit.

A line of credit is more flexible than a loan:
Use only as much of your credit limit as you need.
You only pay interest on what you use.
You can re-pay as much as you want monthly, as long as you cover the minimum      payment of 1.5% of your outstanding balance.

A line of credit is more convenient than a loan:
You only need to apply for it once and as long as your account is kept up to date,     you can keep it as long as you want.
It is revolving credit, so you can use your money, repay it and use it again.
Equity Plus VISA line of credit comes with a VISA card that you can use in all      locations that accept VISA and at ATMs.
Equity Plus VISA also comes with convenience cheques.