OSHAWA COMMUNITY CREDIT UNION

Show us your mortgage... we'll show you SAVINGS!

Our member / owners received loan interest rebates in January 2006 and 2007 for interest paid on their loans and mortgages.  In January 2007, a 5% interest rebate was returned to our borrowers - so if you paid $5,000 interest on your mortgage, $250 was reimbursed to you. 

Our goal is to continue paying interest rebates and to continue sharing our profits with our member / owners.

We offer many different mortgage and loan products:

Conventional Mortgages: Conventional Mortgage financing available up to 80%

Below Prime Mortgages (at prime less a 1/2%).

Fixed Rate Mortgage - 1,2,3,4 and 5 year terms available and you can select the options you want to add to it!

Variable Rate Mortgage - fluctuates with the prime rate set by the Bank of Canada.

2 in 1 Mortgage - take advantage of both variable and fixed rate portions on your mortgage.

CMHC* / Genworth Mortgages - available financing up to 95%

*Canadian Mortgage Housing Corporation and Genworth provide insured mortgages to those who meet their criteria for financing.

Meritline Home Equity Lines of Credit - use the equity in your home for low financing towards major purchases.