Osoyoos Credit Union has been providing a variety of mortgage plans to its members for seventy-five years. These include open and closed mortgages, in variable or fixed rates, with a variety of terms and amortizations.
If you don’t have the extra money to tackle home improvements in advance, Purchase Plus Improvements (PPI) can fund your renovations upfront! Start by securing a PPI-qualifying mortgage from Osoyoos Credit Union.
Secure the financing of significant purchases such as a home or automobile before finalizing the purchase. Being able to clearly understand what you can afford to spend, provides leverage during negotiations and gives the purchaser peace of mind. The pre-approved period is for a set time so that members know exactly what their interest rate and payments will be.
A mortgage secured line of credit enables you to use the equity you have acquired in your home to purchase investment property, top up your RRSP and many other options.
Personal loans can be made for a variety of purposes. They may be secured or unsecured. We offer competitive rates which can be either fixed for the life of the loan or variable. If you have a need, we have a loan to suit you.
A revolving credit, once approved, can fluctuate within the authorized limit. It’s attached to a member’s chequing account and is automatically accessed through cheques, ATM, in-branch withdrawals, POS, Global Payment Card or pre-authorized debits, all of which will increase the balance while deposits will reduce the balance.
Designed specifically to assist in covering the cost of attending a post-secondary institution. Funds can be used for living expenses, tuition and books. The student and /or co-signer will be required to meet the normal lending criteria required by Osoyoos Credit Union.