Home Equity Line of Credit

Home Equity Line of Credit (HELOC)

Did you know you could borrow up to 80% of the value in your home to use over and over without ever having to reapply? You can save interest costs, too, by having your pay cheque deposited to this account. And if you roll your existing debts into a HELOC , you'll pay down high-interest credit card fees faster.

  • One-time approval and there is no need to apply again, use the funds as you see fit
  • Limits and rates are based on your credit rating and mortgage value
  • Repayments are flexible and can be as low as interest-only
  • Amounts available up to 80% of the value in your home
  • Available credit limit increases as you pay down your mortgage

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