Personal Consumer Loans:
North Valley Credit Union offers a variety of loan options to choose from. Whether you are purchasing a car or just doing some home improvements, we have the product that will suit your needs.
We offer flexible repayment options and terms up to 5 years at fixed or variable interest rates.
Personal loans range from as little as $2500.00 to as much as $150,000.
In addition, your loan is almost always approved the same day!
We can also provide you with:
Overdraft Protection
Personal Lines of Credit
Quick Loans -Line of Credit Loans
Consumer 1st Mortgages
North Valley Credit Union can provide you with a great rate 1st mortgage to purchase a home or construct your home.
We offer a range of mortgage terms and types to choose from depending on your needs all with flexible repayment options to choose from.
At the North Valley Credit Union, your mortgage is written at a competitive interest rate. Some mortgage options are:
Mortgage terms are:
1 year open
Variable Rate open
1-5 year fixed/closed
Mortgage Types:
CMHC – Financing up to 95% of the purchase price
Conventional Mortgages – up to 80% financing available
Construction Mortgages – up to 75% financing available
www.cmhc-schl.gc.ca/en/co/
Try our Mortgage Prepayment Penalty Calculator – Click Here
Student Loans
This type of credit can be approved up to $40,000 for education expenses at a low rate of credit union prime plus 1%.
Students must be enrolled full time in a university or college in Canada.
All student loans must be guaranteed by both parents or legal guardians and life insured for the student.
“Graduate Accounts” are available at a low monthly fee for all your banking needs.
www.scholarshipscanada.com
www.canlearn.ca/eng/postsec/index.shtml
Loan and Mortgage Payment Protection
North Valley Credit Union offers this protection for your loan or mortgage. Products like Group Mortgage Life insurance protects your loved ones in the event of your death and pays off your mortgage in full. Mortgage disability insurance will make your mortgage payment for you should you become ill or disabled from work. This protection not only provides you with peace of mind when your income has been reduced, but protects your credit rating from becoming jeopardized due to no fault of yours. We highly recommend that all our members consider this coverage for their borrowing needs.
If you would like to contact one of our lenders by email, please see the listing below.
gerri.mcewen@northvalleycu.com
cassidy.miskiman@northvalleycu.com
Payment Protection is optional and is underwritten by Co-operators Life Insurance Company. Supporting services, such as enrolment intake, medical underwriting and claims administration, are provided by the employees of CUMIS Services Incorporated, a subsidiary of Co-operators Life Insurance Company. Coverage is governed by the terms and conditions of the creditor group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements. To contact CUMIS, visit www.cumis.ca or call 1-800-263-9120.
