Superior Credit Union
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Borrowing

Please select from the options below:

On-Line Applications

If you want to apply right now, you can start the process on-line using ProLender, our secure internet application.

Mortgages

Superior Credit Union offers a complete range of mortgages that include:

  • FlexDown with CMHC (up to 100% financing)
  • Conventional Mortgages
  • Home Equity Lines of Credit
  • First and Second Mortgages

In addition to the products, we offer features and benefits that include:

  • Competitive interest rates
  • Generous and flexible pre-payment features
  • Fast service even when a quick close isn’t required
  • Lenders who work with you to design the mortgage that fits your needs
  • Monthly, bi-weekly or weekly payments, 25-year amortizations.

Superior Credit Union Loans Officers can help arrange a mortgage quickly, efficiently and with your best interests in mind. Our pre-payment privileges can help you pay off your home faster while reducing the amount of interest you pay. In fact, in each of the past five years we’ve rebated back to all of our borrowers between 1% and 5% of the interest they paid over the previous year! Remember, we succeed when you succeed.

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Personal Loans

Superior Credit Union Loans Officers ensure you get the type of loan that best suits your needs, on terms and conditions that work for you. Whether it’s to finance a new or used vehicle, truck, boat, motorcycle, or other recreational vehicle or, just to consolidate bills, we want to help. We offer a personalized approach with extended terms for big ticket items (up to 10 years), special low fixed rates for auto purchases in excess of $10,000 and – for general purpose loans - the rate you pay is based on your proven repayment record – the better your record, the lower the interest rate. Superior Credit Union will help you.

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Line of Credit

When you need total flexibility, Superior Credit Union has the product for you. Our Line of Credit with limits from $5,000 up is just the answer. Accessible on demand - you only borrow what you want, when you need it  - giving you full control of your finances and the interest you pay.

We have several inexpensive payment options, designed to fit your needs and ability to pay.  We offer rates as low as Prime plus 1%.  Call or visit one of our locations for further details.

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Loan Life Insurance

Loan Life Insurance is an economical financial safeguard that can relieve your partner or family of the financial stress brought on through disability or death. We offer both Life and Disability Insurance to eligible borrowers as a low cost, financially prudent way to ensure your family is protected in an unexpected event. Loan Life Insurance a sensible solution when:

  • You have family responsibilities and dependants who rely solely on your income
  • Your savings are too small to support your family
  • Your total debt load requires more than 25 percent of your income to service
  • Your existing insurance is too small to provide sufficient long-term income
  • Meeting your loan payments without your income will cause financial stress for your partner or family

Ask about the plans we have available to customize protection levels to your needs.

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Payment Extensions

Payment extensions or whole/partial payment suspension are considered when you are experiencing temporary setbacks for almost any valid reason – call us if we can be of assistance at any time.

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Interest and Principal Deferral

For those borrowers involved with or affected by a confirmed labour dispute we offer interest and principal deferral to our qualified borrowers to help them through the difficult times. We also consider one time loans of up to $3,000 during strikes. As with most programs, some conditions may apply so please call for full details.

Superior Credit Union Loans Officers ensure you get the type of loan that best suits your needs, on terms and conditions that work for you. Whether it’s to finance a new or used vehicle, truck, boat, motorcycle, or other recreational vehicle or, just to consolidate bills, we want to help. We offer a personalized approach with extended terms for big ticket items (up to 10 years), special low fixed rates for auto purchases in excess of $10,000 and – for general purpose loans - the rate you pay is based on your proven repayment record – the better your record, the lower the interest rate. Superior Credit Union will help you.

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