The Scotia Total Equity Plan is a product that accomplishes exactly these goals.
Scotiabank believes that these customers need a better solution. We believe that customers should be able to lower their borrowing costs and improve their flexibility.
Using a Scotia STEP program, customers can obtain a variety of financial products balancing mortgage components with other Scotiabank products. By securing their loans against the value in their homes, customers achieve a convenience and a rate level that would be much more attractive than if their products were spread, unsecured, over many financial institutions.
It's True! As we will see later, the Scotia STEP program also allows customers to balance different varieties of mortgage components, varying their term lengths and rate types.
