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Lending Rates

Please note that conditions may apply to some rates, and that they may change at any time without notice.

Fastrack 1 Year RRSP Loan
1 year repaymentAsk Lender
Up to 10 year repayment
Up to 10 year repaymentAsk Lender
Prime
Prime Rate3.25%Effective July 14, 2017
Credit Master Rate (CMR) 3.7% Effective Apr 04, 2012
Consumer Loans – Secured
Fixed Rate6%-12%Effective Apr 07, 2011
Variable RatePrime +3-6%Effective Jun 30, 2011
New Vehicles from Dealership3.5%Effective Oct 12, 2016
Loans >$5,000-Funds on Deposit SecurityCUBC Prime Lending Rate plus 1/2 of 1%Effective Apr 04, 2012
Consumer Loans – Unsecured
Fixed Rate8-14%Effective Dec 01, 2009
Variable RatePrime +5-11%Effective Dec 01, 2009
Loans <$5,000 Fixed Rate 16%Effective Apr 04, 2012
Mortgage – Closed
6 Month4.25%Effective July 18, 2017
1 Year2.85%Effective July 18, 2017
2 Year2.95%Effective July 18, 2017
3 Year3.00%Effective July 18, 2017
4 Year3.15%Effective July 18, 2017
5 Year3.25%Effective July 18, 2017
7 year3.25%Effective July 18, 2017
Bare Land
Mobile Home
Mortgages
Posted Mortgage Rate
+ 2%
Effective October 12, 2016
Variable Rate Mortgage
5 Year RatePrime MINUS 0.50%Effective May 22, 2015
Second Mortgage
1 Year Closed1 yr closed + 2% UpEffective Apr 07, 2011
Unsecured Lines of Credit
Variable RatePrime + 3% - 8%Effective April 27, 2016
Variable Rate < $5,000 Prime + 12%Effective Apr 04, 2012
Temporary Overdraft21%Effective Apr 04, 2012

 


© 2013 Lake View Credit Union