Lending Services
Consumer Loans | Line of Credit | Authorized Overdraft Protection | Mortgages | InsuranceConsumer Loans
Loans are available for consumer purchases, vehicles, vacations, debt consolidation, and home improvements. You choose from competitive fixed or variable rate options with terms up to five years.
***Interest Bonus for Mortgage Holders***
If you have your residential first mortgage with Legacy Savings, you may be eligible for 1/2% reduction on your next consumer loan.
Line of Credit
The Legacy Savings Line of Credit allows you to write yourself a loan simply by writing a cheque. You can spend up to a preset credit limit and you will pay interest only on the amount you use. We offer secured and unsecured lines of credit with interest rates dependent upon the collateral pledged.
Authorized Overdraft Protection
Legacy's Authorized Overdraft Limit (AOL) offers you a little extra peace of mind by covering you for a set amount when your account becomes overdrawn. Your overdraft limit will allow you extra cash when you are running a little short.
Mortgages
We offer both conventional and CMHC approved first and second mortgages with amortization periods of up to 25 years; 35 years if CMHC approved. Terms ranging from 6 months to 3 years are available and you can choose either an open mortgage or a closed mortgage with an interest rate fixed at the time of application.
Insurance
Creditors Life and Disability Coverage is available on most loans. Mortgage Life, Critical Illness, and Disability insurance is available for mortgages at a low cost in order to protect you and your family.