This product is our classic mortgage loan with benefits and terms that meet your peace of mind.
- Rate of 1%* monthly for the term of your loan
- Ten percent (15%) equity required (dividend paid yearly)
- Life insurance for first $40K is included free of cost
- Property insurance payable monthly
- Savings to shares required (dividend paid yearly)
- Grace period provided if constructing home
- Add-ons allowed with conditions
- Consolidation of other debts allowed with mortgage
- Buy over of mortgage from other entities allowed
- Land/property collateral required with appraisal
- Other terms and conditions apply