Repayment of loan
SNAP Home Finance offers automated loan repayment — in the form of pre-authorized payments taken from your bank account on the payment date. If your banking information changes during the repayment period, inform SNAP Home Finance at least ten days before your next payment due date.
If you wish, you can put your payments on your credit card. You need to negotiate your payment plan in advance to activate this feature.
Conditions of loan extension
SNAP Home Finance doesn’t provide details on loan extension conditions on their website. To get information on this question, reach out to their Customer Support.
Early payoff
With SNAP Home Finance, paying off your debt early is penalty-free. You can ease the financial burden by making a lump sum payment in any of the following ways:
Logging in to your SNAP Home Finance personal account and entering the “MY LOAN DETAILS” section
Making an online payment through your bank (have your contract number at hand to reference your SNAP account)
Sending a cheque to SNAP Home Finance’s Toronto office at 1 Toronto St Suite 1010, Toronto, Ontario M5C 2V6
Contacting SNAP Home Finance directly at +1 (866) 475-9184, option 4, to have them withdraw the funds from your account.
