RRSP & TFSA Loans
A little short on cash? If you find that you're a little (or maybe even a lot) short of making your annual RRSP or TFSA contribution, then an investment loan could be the ideal solution!
An investment loan at Northern Savings is a fast, easy, and efficient way to take advantage of tax savings. Whether you are looking to maximize your annual contribution, or to catch up on unused contribution room from previous years, Northern Savings has flexible loan features to suit your needs.
Short-Term Loans¹
- Minimum amount $1,000
- Maximum amount $29,210
- 1 year amortization
- Repay whole or part of the loan at any time with no penalty
- Delay payments for up to 90 days
Catch-Up Loans¹
- Minimum amount $5,000
- No maximum amount
- 2-5 year amortization
- Repay whole or part of the loan at any time with no penalty
Loan Payment:
¹Must qualify as per regular lending criteria.
