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Access financing through a loan or line of credit.
Personal borrowing

Compare loans & lines of credit

Borrow smartly at competitive interest rates, with straightforward access to financing.

Which is right for you?

A loan makes sense if you know exactly how much you need to borrow and you need the whole amount right away — for example, to buy a new car or consolidate your debt.
A line of credit is a better choice if you don’t know exactly how much you’ll need or when you’ll need it — for example, to pay for a renovation or cover an unexpected cost.


  • Borrow the full amount immediately
  • Short or long term
  • Make regular payments (required)

Line of credit

  • Borrow when you need money 
  • Unlimited term 
  • Make interest-only payments (or more)

Not sure whether you need a loan or a line of credit? Ask an advisor.

Book an appointment

One-time purchases

Personal loan

Looking to make your next big purchase? Get the money you need with a set repayment schedule to keep you on track.

  • Terms of 1 to 5 years*
  • Fixed or variable interest rate
  • Weekly, bi-weekly or monthly payments
Retirement savings

RRSP loan

Retirement savings need a boost? Maximize your RRSP contribution room and your tax deduction.

  • Terms up to 10 years
  • Fixed or variable interest rate
  • No payments for up to 90 days**
Many purchases over time

Personal line of credit

Access money whenever you need it, and only pay interest on what you borrow.

  • Limits of $5,000 or more
  • Access the funds anytime online, at an ATM or using your debit card
  • Monthly interest-only payments
Low interest rate

Home equity line of credit

Get all the flexibility of a personal line of credit, with a better interest rate.

  • Limits up to 65% of your home’s appraised value minus mortgages
  • Access the funds anytime online or in a branch
  • Monthly interest-only payments
When you bank locally with Prospera, you get local expertise.

Local banking means
working together to build vibrant, healthy communities.

We’re dedicated to seeing our local communities thrive and grow, and we’re working hard to make sure that happens.

Why join Learn more

Ways to bank with us

The many ways you can access your accounts, documents, statements, and more:
Mortgage sign up

Apply online

Work with us to get a mortgage for your dream home.

Are you in the market for a mortgage? Apply online with ease and see what rates we can get for you.

Apply now

*Up to 10 years for vehicles, 15 years for boats and 20 years for recreational vehicles.
**Conditions apply.

How to reach us

Call our Member Service Centre

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1 888 440 4480

Monday to Friday
8 am - 8 pm

Saturday 9 am - 5 pm

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