East Coast Credit Union Line Of Credit allows you the member to borrow any amount to the maximum predetermined amount without having to arrange for individual loans. The member pays 2.5% as a regular monthly deposit on the amount borrowed or withdrawn from the line of credit for the period used, calculated on the daily closing balance and charged to the account monthly. You can access this account in one of three ways:

Utilize up to 95% of the appraised value of your property less any prior mortgages or liens. Top up your RRSP, build your investment portfolio, home repairs or a vacation. The Home Equity Line puts you in control of your money.