![Security](/web/20061210171110im_/http://agr.gc.ca/nmp/images/section_security.gif)
Loans CANNOT exceed 80% of the market value of the property for which the loan was made.
For all purposes, security taken should be an unencumbered
mortgage on the property or item being taken as security, as required
under normal banking practices, and the value of the security must be
maintained during the term of the loan. Additional security may be taken
any time at the lender's discretion.