Home Equity Line of Credit
Access your home equity. We can approve your home equity loan in as little as 24 hours.
HELOC Features:
- 1st Mortgages Starting At 7.5% (1 year fixed term)
- Variable terms from 1 to 5 years starting at Prime + 4.79% with a 2% Lender Fee **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
