North American Product Classification System (NAPCS) Canada [Provisional Version 0.1]

522002.1.4.1 - Loans, to consumers, secured

Loans to consumers, that are secured by collateral. Includes government-guaranteed loans to consumers, such as government-guaranteed student loans.

522002.1.4.1.1 - Residential mortgage loans

Mortgage loans provided to owner-occupiers, secured by residential real property. Includes adjustable rate mortgages, variable rate mortgages, rollover mortgages, etc.

522002.1.4.1.2 - Home equity loans

Loans secured by the equity of a borrower's residence, over the value of any outstanding mortgages. Home equity loans may be set up as lines of credit.

522002.1.4.1.3 - Home improvement loans, secured

Loans secured by collateral, for financing improvements to the borrower's residence.

522002.1.4.1.4 - Vehicle loans, consumer

Loans to consumers to purchase automobiles and other vehicles or equipment; the vehicle is collateral for the loan. Includes recreational vehicles, except boats.

522002.1.4.1.5 - Other secured loans, to consumers

Secured loans to consumers, not elsewhere classified.