Investments & Savings:
Low Loan Rates...
Express Loan:
- Loans Less than $25,000 → Prime + 1%
- Loans from $25,001 to $75,000 → Prime + 0.5%
Investment Loan:
- Loans Less than $25,000 → Prime + 1%
- Loans from $25,001 to $99,999 → Prime + 0.5%
- Loans of $100,000 or more → Prime
- 56 Funds to choose from, managed by 13 Fund Managers
- No Amortization, No Fixed Terms
- No Deposits - 100% financing toward the purchase of Segregated Funds
- Monthly Statements (specific to the interest expense issued by National Bank)
- Segregated Fund Statements issued every 6 months
- Guaranteed Death Benefits
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- 100% Death Benefit up to age 70
- 75% Death Benefit at age 70
- 80% Death Benefit at age 71
- 85% Death Benefit at age 72
- 90% Death Benefit at age 73
- 95% Death Benefit at age 74
- 100% Death Benefit at age 75
- 75% of the original Loan Value Guaranteed in the 10th year (this includes the resets)
- No Margin Call
- No Personal Collateral or Security
- Loan Amounts ? Express Loan $10,000 to $75,000 or; Investment Loan $25,000 to $100,000
- Quick Underwriting (No proof of income or assets is required on Express Loan)
- No Application Fees or penalties on Loan Pre-Payments
- No Registration fees for Segregated Fund applications
- 2 resets a year (Last age reset at age 69)
- Ability to switch from one fund to another fund (up to a maximum of 8 times a year)
- The Interest Charges associated with an investment loan may be tax deductible
- Potential Creditor Proof
- Probate Free
