PersonalLoans & Lines of CreditPersonal Loans

What can you do with a personal loan?

Our advisors can help you customize your loan and create a repayment plan that works for you.

Do something for yourself

Buy a boat, a new car, or that dream holiday. Or use a home reno loan to pay for home improvement projects.

Pay for life events

Cover unexpected expenses without digging into your savings, finance your education, or even help pay for your wedding.

Make smart money moves

Combine your debit into one easy-to-manage loan to save money, or borrow to top up your RRSP and save on tax.

EXISTING MEMBER LOAN APPLICATION

Apply for up to $20,000 in minutes

Just sign in to your online banking and click “Account Services” then “Apply for Loan”.

  • Fast, easy online approval
  • Funds deposited within 10 minutes
  • ​ Affordable rates

NEW MEMBER LOAN APPLICATION

Join now and borrow up to $5,000

Open a membership with Coastal Community and get a loan approved in as little as 10 minutes. For amounts over $5,000, one of our advisors will contact you.

  • Up to $5,000 cash in your account in 10 minutes
  • Convenient online membership
  • ​Fast, easy loan application process

CUSTOMIZED PERSONAL LOAN OPTIONS

Flexible terms tailored to your life

Whether you’re a new or existing member, apply for a personal loan with flexible terms tailored to your goals and situation.

  • Choice of fixed or variable rates
  • Customizable terms and payment schedules
  • ​No penalties to pay out early

Personal Loan or Line of Credit?

Two different solutions for your borrowing needs. Here’s the breakdown:

Personal Loan

Access your money when you need it
 Pay it back on your schedule or just pay interest monthly 
 Pay it down as often as you want to reuse the freed up funds

Line of Credit

Access your money when you need it
 Pay it back on your schedule or just pay interest monthly 
 Pay it down as often as you want to reuse the freed up funds

Affordable Personal Loan rates

5-year fixed (secured)

5.99%

1-5 year variable (secured)

6.45%

Line of Credit and Loan Payments Calculator

This calculator helps determine your loan or credit line payment.

Get started with a loan your way

WORKING WITH AN ADVISOR

Work with an expert to get the right loan for your goals

Whether you’re consolidating debt, making a major purchase or remodelling your home, an advisor can help you:

  • Decide whether to secure your loan with collateral
  • Choose the best terms for you
  • Create an affordable payment schedule