Home Equity Line

Use the equity in your home to get the best rate for all your borrowing needs. When you have equity in your home , a Home Equity Line can make a lot of sense.

  • Save money by only paying interest on the amount you use
  • Pay weekly, bi-weekly or monthly
  • Pay the lowest rate every time by having your loan pre-approved
  • Ready when you need it, convenient and easy to use
  • If you see some large item you want, you can just buy it (up to your limit)
  • Buy a car or a boat on the spot
  • Go on a vacation
  • May be connected to your chequing account
  • Cover unexpected  home repairs
  • Life, disability, critical illness insurance available
  • Special low rates (based upon KCCU base rate)

A third party is an individual or entity, other than the account holder or those authorized to give instructions about the account, who directs what happens with the account. For example, if an account were opened in one individual’s name for deposits that are directed by someone else, the other person or entity would be a third party.

  • A secondary piece of identification from the primary list above
  • Canadian Birth Certificate
  • Credit Card bearing the name and signature of the individual which has issued by a well-known and reputable Canadian financial institution
  • A CNIB (Canadian Institute for the Blind) client card bearing the individual’s photo and signature
  • Provincial Outdoors Card
  • Canadian University or College Student Card with photo (for student identification only)
  • An employee identification card (with photo) issued by an employer that is well known in the community (i.e. KGH, DND, Queens University, Corrections Canada, etc.)
  • Foreign passport
  • Canadian Passport
  • Permanent resident card
  • Citizenship card (issued prior to 2012)
  • Secure Certificate of Indian Status issued by the Government of Canada
  • Driver’s licenses issued by province or territory
  • The DND (Department of National Defense) 404 driver’s license
  • Nexus Card issued by Canada Border Services Agency
  • Provincial Service Cards
  • Provincial or territorial identity cards (i.e. Ontario Photo Identification Card)
  • Foreign Passport (only if it is equivalent to a Canadian issued photo identification document)