Loans & lines of credit
Borrowing that puts you first.
It's tax season. Have you contributed to you RRSP?
Borrow for your RRSP and reduce your taxable income when filing this year. Apply today and receive as low as Vancity Prime minus 0.25%.
Terms and conditions apply.
You’ve got options.
How do I pick? If you need the money all at once for a big purchase or one-time expense, you’re probably looking for a loan. Otherwise a line of credit might make more sense. A line of credit is an amount of money that you can borrow from whenever you want.
Personal Loan
For big purchases, debt consolidation or one-time expenses.
- Borrow from $5,000 and up
- Flexible repayment terms
- Fixed or variable interest rate
- No penalties if you pay it off early
Line of Credit
When you don’t need all of the money at once or need an emergency fund.
- Apply once for a credit limit and access it at any time
- Only pay interest on the amount you use
Vancity Fair & Fast Loan™
Break the debt cycle.
- Borrow $100 to $2,500
- No credit check
- Choose your own repayment schedule
- Approval in as little as 10 min
Home equity line of credit
Tap into your home to borrow for renovations, emergency expenses and more.
- 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 Renovations
Lower interest rates for energy-efficient home renovations.
- Borrow $3,500 to $50,000
- Take up to 15 years to pay it off
- Save money with flexible terms and lower interest rates
Planet-Wise Transportation
Loans for electric or hybrid vehicle purchases.
- Borrow $1,500 and up
- 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
Maximize your RRSP contribution room.
- Use or catch up on RRSP contributions
- Competitive interest rates
- No penalties if you repay your loan early
Co-op Home Loan
Make the move to a housing co-op.
- Competitive rate and term options
- Up to a 25-year amortization term
Credential recognition or update loan
For newcomers to Canada or people who want to upgrade qualifications or certifications.
- Return to working in your field of specialization
- Build your credit history
Work to own loan
For new members of worker co-operatives
- Borrow up to $10,000
- For contributing to your membership share and to build equity sooner
Business Lending
For all types of businesses. From entrepreneurs just starting out to large businesses.
- 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.
Learn more