Find the Right Borrowing Option

You've decided to make a major improvement to your home. Perhaps you've chosen your contractor or you know how much you want to spend. Now, you need the right borrowing option to make it happen.

At RBC Royal Bank, we offer solutions to meet all your needs. Together, we'll consider the factors that affect your choice — the cost of your renovation, whether you need all the money at once or at different times, how much time you need to pay it back and whether or not you plan to reuse your credit after you've repaid it.

Before you renovate your home, explore your credit possibilities here. Or contact one of our credit specialists today.

Royal Credit Line®	RBC Royal Bank Mortgages	RBC Royal Bank Personal Loan
Secured or unsecured revolving credit that puts you in control.	Refinance your existing RBC Royal Bank Mortgage, with all its features.	Flexible repayment terms to suit your needs — with your choice of fixed or variable rates.
Ideal if the renovations will be done over time and you don't need all the money at once — or if you plan to reuse your line of credit after paying it off.	Best suited for large renovations, giving you up to 35 years to pay.	Ideal when funds are needed all at once, with the added flexibility of being able to pay more or in full at any time without penalty.
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Royal Credit Line

Once you set up your Royal Credit Line, you can use it again and again, without having to reapply whenever you need funds. In most cases, interest rates are lower than with other forms of personal credit and are linked our Prime Rate. And if you use your home or other approved investment to secure your Royal Credit Line, you may enjoy even lower rates.

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RBC Royal Bank Mortgages

Add on to or refinance your existing RBC Royal Bank Mortgage. You'll continue to enjoy all the other features and payment options of your mortgage — and you could have up to 35 years to pay it off.

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RBC Royal Bank Personal Loans

Our personal loans offer a wide range of payment options — weekly, biweekly or monthly. You can choose fixed or variable interest rates, pay down your loan in full or in part at any time without penalty, arrange to have each payment automatically deducted from your bank account — and even skip up to 2 payments each year.

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