Home EquityLine of Credit (HELOC)
Access your home equity with a flexible revolving line of credit. Borrow what you need, when you need it, at rates far lower than credit cards.
Benefits of a HELOC
A HELOC gives you flexible, low-cost access to your home equity whenever you need it.
Revolving Credit
Borrow, repay, and borrow again up to your approved limit - like a credit card secured by your home
Lower Rates
HELOC rates are significantly lower than credit cards and unsecured lines of credit
Flexible Payments
Interest-only payments on what you use, with the ability to pay down principal anytime
Access Up to 80%
Unlock up to 80% of your home's appraised value minus your existing mortgage balance
Smart Ways to Use Your HELOC
Your home equity is a powerful financial tool. Here are the most popular ways homeowners use their HELOC.
Home Renovations
Fund kitchen remodels, additions, or major upgrades that increase your home's value.
Investment
Use your HELOC to invest - the interest may be tax deductible when used for investment purposes.
Education
Pay for post-secondary education at rates far lower than student loans or lines of credit.
Emergency Fund
Have access to funds when you need them without the high cost of credit card debt.
Four Steps to Your HELOC
From equity assessment to fund access, we make getting a HELOC simple.
Equity Assessment
We calculate your available home equity and determine how much HELOC funding you can access.
Rate Shopping
Compare HELOC rates and terms from multiple lenders to find the most competitive option.
Application & Approval
Submit your application with our support. We handle the paperwork and lender communication.
Access Your Funds
Once approved, access your HELOC funds whenever you need them through cheques, transfers, or a card.
When a HELOC Makes Sense
You have significant home equity: If your home has increased in value or you've paid down your mortgage, a HELOC lets you access that equity without selling.
You need flexible access to funds: Unlike a loan, a HELOC lets you draw funds as needed. Perfect for ongoing projects or variable expenses.
You want lower borrowing costs: HELOC rates are typically much lower than credit cards, personal loans, or unsecured lines of credit.
You're disciplined with credit: A HELOC works best for borrowers who can manage revolving credit responsibly and avoid overleveraging.
HELOC Services Across the GTA
HELOC Questions
Everything you need to know about home equity lines of credit.
Ready to Access Your Home Equity?
Find out how much equity you can access with a HELOC. Free consultation, no obligation.