Home Equity Lines of Credit

Toronto Mortgage Broker with 10+ years of experience

Setting up lines of credits secured against a person's home allowing them access to their equity.

The Home Equity Line of Credit is a very popular form of secured credit in the Canadian mortgage market.

When applying for a HELOC you can access as much as 65% of the equity in your home.

Minimum payments are based on interest only, but HELOCs are fully open products, meaning you can repay the balance owing partially or in full at any time without being charged a penalty.

HELOCs provide borrowers with a simple way to access funds at an interest rate that’s typically lower than those charged on unsecured debts.

Services by Toronto Mortgage Broker:

• Mortgage Pre-approvals

• Home Purchase Mortgage

• 2nd Mortgages

• Mortgage Refinance

• Purchase/ Refinance Plus Improvement Mortgage

• Home Equity Lines of Credit

• Mortgage Renewal/Transfer

• Self-Employed Mortgage

• Alternate & Private Mortgage Lending

• Spousal Buyout Mortgage

• Permanent & Temporary Residents

We offer Mortgage Services to clients across Ontario including the following areas: North York, Scarborough, Etobicoke, Toronto, Mississauga, Markham, Vaughan, and Richmond Hill, ON and across Quebec including the following areas: Montreal Mortgages, Laval Mortgages, Gatineau Mortgages, Sherbrooke Mortgages, Quebec City Mortgages, Trois-Rivières Mortgages, Chicoutimi-Jonquière Mortgages, and Saint-Jérôme Mortgages.