Loans and lines of credit
Borrowing that puts you first.
Explore your options.
Choose a loan if you need the money all at once for a big purchase or one-time expense. Otherwise, it might make more sense to get a line of credit, which you can borrow from whenever you want.
Personal loan
- Flexible repayment terms
- Fixed or variable interest rate
- No penalties if you pay it off early
Line of credit
- Apply once for a credit limit and access it at any time
- Only pay interest on the amount you use
Vancity Fair & Fast Loan™
- No credit check
- Choose your own repayment schedule
- Approval in as little as 10 minutes
Home equity line of credit
- Lower the stress of borrowing
- Apply once for a credit limit and access it at any time
- Only pay interest on the amount you use
Planet-Wise™ renovation loan
- Take up to 15 years to pay it off
- Save money with flexible terms and lower interest rates
Planet-Wise™ transportation loan
- Save money with a preferred rate
- For new and used vehicle purchases
- Includes pedal bikes, e-bikes, scooters, electric cars, hybrids, charging stations, and conversion kits
RRSP loan
- Competitive interest rates
- No penalties if you repay your loan early
Co-op home loan
- Competitive rate and term options
- Up to a 25-year amortization term
Credential recognition or update loan
- Return to working in your field of specialization
- Build your credit history
Work-to-own loan
- Contribute to your membership share and build equity sooner
Business lending
- Business loans
- Micro loans
- Commercial mortgages
- Other lending solutions
Peace of mind.
Get peace of mind knowing that your loan or line-of-credit payments are covered in the case of illness, disability, or loss of life with loan insurance.
Applications and the amount you can borrow are subject to standard Vancity credit review and approval, including obtaining your credit bureau report to confirm your eligibility for a Creditline or Personaline; conditions and minimum limits apply to each. The availability of your line of credit is subject to your account remaining open and in good standing. Vancity reserves the right, at any time without prior notice and in its sole discretion, to add to or modify any of these terms and conditions, and to modify, increase, decrease or withdraw any interest rate offers.
Applicants must meet all Vancity’s lending criteria. Certain conditions and restrictions apply.
65% of the first $690,000 property value, and 50% of the remainder to a maximum property value of $943,000. Applications and the amount you can borrow are subject to meeting Vancity’s usual credit criteria.