Home Equity Line of Credit

HELOC Features:

  • Variable terms range from 1 to 5 years with rates and fees starting at Prime + 4.79% and a lender fee of 3.5%  **NO annual renewal fees for variable term**
  • 1st or 2nd Position Charge on a property (can use multiple properties within Ontario)
  • Fully OPEN Home Equity Line of Credit (HELOC)
  • NO Minimum Balance to Carry
  • NO 3 months interest penalty to discharge early
  • Credit Limit of $35k to $2,000,000
  • AVOID Costly Private Money Renewal Fees with up to a 5 year term!
  • 75% LTV on appraised value. (80% on a case-by-case basis)
  • Appraisal required from our approved appraisers list
  • Equity Lender = NO Income & NO Credit Required

LIFT HELOC Is Ideal for:

  Good for Renovations, Fix'n'Flip, and Investments
  Debt Consolidation
  BRRR - Provides flexibility just like a traditional HELOC

Click Here to download our Product Sheet

    NEW Pick-A-Payment Program

    A flexible payment options for your clients.

      • Starting at Prime +4.79%
      • Up to 75% LTV
      • One or two year terms
      • First Mortgage only
    Click Here to download our Product Sheet

    Minimum Document Required: 

    Easy Application Process

    simple application process is key to helping client have an stress-free start.


    A copy of your current Mortgage statement showing the owing balance. 

    ​Tax Bill

    Any outstanding Property Tax liability.

    Have Questions? Speak to an expert today! 

    General HELOC FAQ

    HELOC gives you the flexibly to access your funds anytime. 

    What is a HELOC?

    A HELOC is a Home Equity Line of Credit.

    What is a term?

    A term is the length of time your mortgage or HELOC is provided to you at the interest rate, or interest rate calculations without any changes, other than to the interest rate if you are on a variable term loan.

    Is a HELOC a mortgage?

    A HELOC is similar to a mortgage in that it is secured agains your property and has repayment terms, although interest only payments, due each month based on the balance outstanding on your HELOC.

    HELOC gives you the flexibly to access your funds anytime. 

    More FAQ