HOME IMPROVEMENT LINE OF CREDIT
Whether you want to repair the roof, put in new windows, install a pool, redo a kitchen or add a bathroom, with a minimum limit of $5,000 and a single financing rate, the Home Improvement Line of Credit is ideal for all your renovation projects.
FLEXIBILITY AND PEACE OF MIND
With the Home Improvement Line of Credit, you can postpone paying back the principal used, the interest and the insurance premium for up to one year1. During that period, interest will be charged only on the amounts borrowed. With your financing worries out of the way, you'll be able give all your attention to planning and carrying out your projects. When the year is up, you'll have three options: pay the amount owing, renegotiate your mortgage to include the amount, or choose another type of financing.
A SINGLE RATE
With its single financing rate, the Home Improvement Line of Credit is very attractive. Especially considering you only have to pay interest on the amounts borrowed!
READY ACCESS TO YOUR FUNDS
Counter, cheques, ABM, Client Card purchases, Electronic Banking Solutions2… you can access your funds any time, using whatever method you find most convenient. The choice is yours!
COVERAGE THAT'S REASSURING
By adding life insurance to your Home Improvement Line of Credit, you'll benefit from coverage that will provide welcome protection. Not only that, you'll have up to a year to pay your premiums!
1 Certain conditions apply. National Bank reserves the right to determine what constitutes an eligible loan.
2 Specific browser versions are required to access National Bank’s Internet financial services. Visit ABC’s of Security and read the Browser Requirements for Internet Financial Service.
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