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Performance of Our Signature Funds

Values for:

As of:

Whether for home repairs, renovations or to start a small business, exploring your borrowing options is a good investment of time. An Educators personal loan offers education members low interest rates and manageable monthly payment installments.

  • Secured Loan

    $50,000 and up
    Loans up to

    $1M

    Starting at

    2.85%

    variable interest rate

    A secured Educators loan offers low variable interest rates. The loan is secured against collateral, usually your home but can also include other assets such as GICs, and accumulated cash in a permanent life insurance policy. With a variable rate of interest, the interest charged on your outstanding balance will vary as interest rates change.


    Common Questions

    • Why a Secured Loan instead of a Line of Credit?

      With a Secured Loan you know exactly how much you have borrowed and the repayment term. With a loan, there is an end in sight. However, if you pay it off and need additional funds, you have to apply again.

    • Can I make payments at any time without penalty?

      Yes, make as many payments as you would like. Payments may be made weekly, bi-weekly, mid-monthly or monthly.

    • How can I access my loan account?

      You can access your Loan through any of these methods: online or by phone.

  • Unsecured Loan

    Less than $50,000
    Loans up to

    $50,000

    Starting at

    3.85%

    variable interest rate

    An unsecured Educators loan offers low variable interest rates. Rates tend to be a little higher with unsecured loans because they do not require any collateral. With a variable rate of interest, the interest charged on your outstanding balance will vary as interest rates change.


    Common Questions

    • Why an Unsecured Loan instead of a Line of Credit?

      With an Unsecured Loan you know exactly how much you have borrowed and the repayment term.

    • Can I make payments at any time without penalty?

      Yes, make as many payments as you would like. Payments may be made weekly, bi-weekly, mid-monthly or monthly.

    • How can I access my loan account?

      You can access your Loan through any of these methods: online or by phone.

  • Full Withdrawal of Service Loan

    $5,000 or less
    Loans up to

    $5,000

    Starting at

    6.00%

    interest rate

    Labour negotiations can create uncertainty for education members. When a full withdrawal of service happens, sometimes the pay alone is insufficient to meet your financial needs. A Full Withdrawal of Service Loan smooths out an unexpected drop in income.


    Common Questions

    • Why a Full Withdrawal of Service Loan instead of a Line of Credit?

      A Full Withdrawal of Service Loan is designed to be quick-and-easy.

    • Why a Full Withdrawal of Service Loan instead of a Personal Loan?

      A Full Withdrawal of Service Loan is for small amounts to meet a short-term cash shortfall.

  • Ontario Teachers Insurance Plan
    OTIP RAEO logo

    Receive a $25 Amazon.ca or WINNERS | HomeSense | Marshalls Gift Card* if your insurance policy is expiring in the next 60 days and you get an auto or home insurance quote from OTIP.

    *Restrictions apply. See details.

    Learn more
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