CreditMaster Mortgage

The mortgage for your master plan

Features:

  • Choose variable, fixed or both- securing different loan agreements and terms under a single CreditMaster®.
  • Grow your borrowing power as you pay down your mortgage.
  • Attach new tem loans or a home equity line of credit (HELOC) without ever having to pay additional legal fees.
  • Borrow using the low mortgage rates you've already secured, or negotiate separate rates and terms entirely.
  • Use the growing equity in your CreditMaster® to fund additional borrowing need throughout your life, while saving money.

Get the most from your mortgage.

Looking for a mortgage that does more? You're not alone. For many, a mortgage represents the single largest investment a person can make, and yet there's very little you can do with one. That is, unless your mortgage is a CreditMaster®.

CreditMaster® is a different kind of mortgage. Flexible and readvanceable, it builds your borrowing power as you pay down your mortgage and property values increase.  In other words, the money you put into your mortgage today is money you can still use tomorrow. This makes CreditMaster® a powerful financial planning tool, as well as the only loan you'll ever need.

CreditMaster® keeps you flexible.

Stuck choosing between a fixed and variable rate mortgage?  With CreditMaster®, you can attach multiple loan agreements to your mortgage with different rates and terms, so you can get the best of both worlds. And when it comes to additional borrowing, the same principles apply- allowing you to attach new term loans or a home equity line of credit (HELOC) quickly and easily whenever the need arises.

As your borrowing power increase, you can use the CreditMaster® to consolidate debt, fund your child's education, renovate your home or start a new adventure.  Whether you choose to do some of these things, none of these things, or different things entirely, your CreditMaster® mortgage will always provide you with the freedom of knowing you can.

Pay less while doing more.

With CreditMaster®, all of your additional borrowing can be done at your secured mortgage rate, or new rates and terms entirely- whatever works best for you. When you attach a new loan product like a home equity line of credit or a term loan to your CreditMaster®, you don't have to pay any additional legal fees.  Added up, this can save you thousands of dollars in the long run.

See the CreditMaster® video.

Check current mortgage rates with North Peace Savings and Credit Union.

 
Member Financial Fitness - Facts About Mortgages