LOANS & MORTGAGES

Variable Rate Capper Mortgage

This 5 year variable rate mortgage floats with prime. Enjoy the peace of mind knowing that your interest rate will never go higher than the rate cap. For information on current rates please contact one of our lending professionals.

Residential Mortgages -- Making Your Home More Affordable

Arrange a Mortgage You Can Live With
Whether you are buying a home for the first time or renewing your mortgage, we understand the importance of working out the best possible mortgage package, so your home or renovations are truly affordable.

To Give You The Flexibility You Need
At your Credit Union, members' financial needs are our concerns. We work with you to give you sound advice and to arrange financial terms that can help you build a solid, comfortable future.

Together we'll discuss:

different mortgage options
flexible terms
convenient repayment schedule so that your mortgage suits your budget and lifestyle requirements

To Save You Money
We stretch your mortgage dollar with:

competitive interest rates
no hidden charges or penalties so that your mortgage can be home free and clear as quickly as possible

To Offer You Extra Protection
We'll show you how you can protect yourself and your family with economical loan insurance that can reduce or pay off your loan should the unexpected occur.

See for yourself if a mortgage is right for you....
Try our Mortgage Qualifier Calculator

Looking at a new home? See what your payments would be.....
Use our Mortgage Payment Calculator

Need More Mortgage Information?
Please e-mail us at mortgages@cornerstone.cu.sk.ca

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Personal Loans - Making your Priorities Happen

Speak With Us First
Whatever you need, a Personal Loan from Cornerstone Credit Union can help make your priorities happen by providing the financing you require.

A Special Event

Wedding.
Anniversary.
Graduation.

Travel Opportunities

The trip of a lifetime.
A romantic getaway.
A refreshing change of pace.

Education needs

University or technical school tuition.
Computer systems.

Home improvements

Updated kitchen or bathroom.
New appliances.
Renovations and repairs.

Make It Easy On Yourself
At Cornerstone Credit Union, understand the needs and concerns members may have about borrowing and repaying. That's why we have streamlined the financing process. It's simple, straightforward and quick.

Reduce Your Borrowing Costs
Take advantage of competitive rates available with simple interest payable on only the remaining balance. This means that, as you pay off the loan, you pay less interest. In effect you pay interest only on the money you actually use.

Repay The Flexible Way
We'll set up a schedule to suit your particular circumstances. You may speed up payments, pay off the loan at any time without penalty, or if you wish, spread payments over a longer period.

Get Things Started
Speak with Cornerstone Credit Union today. We'll show you how you can make your priorities happen, affordably.
Please e-mail us at loans@cornerstone.cu.sk.ca for any inquiries.

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RRSP Loans

By taking out an RRSP loan you can take full advantage of your RRSP contribution limit now.

Benefits:

Get the immediate tax benefits from your RRSP contribution.
Increase your profit potential through a larger tax sheltered investment with more time to grow.
Make RRSP investing fit within your monthly budget.
No down payment needed - with same day approval.

CUInclusive™ - "ALL IN ONE" Loan and Deposit Package

You've spent years paying down your mortgage. Now put the equity in your home to work for you with a CUInclusive™ package - an innovative way to manage your debt, reduce your interest payments and make the most of your money.

The CUInclusive™ package gives you chequing, savings, personal loan and a residential mortgage - all in one convenient package!

How CUInclusive™ Package Works
Put your income and savings to work to reduce your total debt and interest payments. Your monthly expenses are advances on your line of credit. Your deposits and savings are applied to reduce your debt immediately.

When you open a CUInclusive™ we'll lend you up to 75% of the current market value of your home, using your home as security.
Your deposits and savings are applied to reduce your debt and save you interest charges.
Your monthly expenses are advances on your line of credit.

Make It Work For You!

Consolidate your debt
Reduce interest payments
Set your own payments

CONVENIENCE

With a CUInclusive™ package you have access to your money and time through Direct Payment, ATM's, cheques, MasterCard® Global Payment Card, Internet and Telephone banking.

What are you saving for?

New vehicle, vacation, investment opportunity, emergency fund. Whatever you need - whatever you want! Once your account is set up, you have access to up to 75% of the value of your home to use as you see fit.

How do I apply?

Get your money working for you today. Stop in to one of our branches and talk to us about opening a CUInclusive™ package!

Please e-mail us at loans@cornerstone.cu.sk.ca for any inquiries.