Borrow what you need when you need it.
Get flexible access to your money
An ATB Flex Home Equity Line of Credit gives you easy access to funds when you need them. Access your home equity as you pay down your mortgage.
Boost your borrowing power
Tap into your equity as you pay down your ATB mortgage. With the ATB Flex Home Equity Line of Credit you can use your equity to borrow up to 65% of your home’s value.1
Achieve more, faster
From major renovations to major life experiences, you can use your ATB Flex Home Equity Line of Credit to fund the things that are important to you.
Flexible payback options
When paying down your ATB Flex Home Equity Line of Credit you only pay interest on the money you borrow. Make payments at your own pace or pay your outstanding balance all at once. It’s up to you.
One application. Infinite possibilities.
With your ATB Flex Home Equity Line of Credit, it’s a one-time application.
Flex Equity Line of Credit vs.
Home Equity Line of Credit
Key product details
| Interest Rate | Variable based on ATB prime rate. |
| Fees | Set up fees can apply.1 |
| Amount | Access up to 65% of your home's equity, subject to any prior outstanding mortgage or other encumbrances.1 |
| Repayment | Repayment is flexible. Choose to make only the required minimum monthly interest payment on the outstanding balance, or pay more — up to the entire balance. You only pay interest on the amount you use. |
| Minimum Amount | $10,000 |
Get started with our ATB Flex Home Equity Line of Credit.
Frequently asked questions
With the ATB Flex Home Equity Line of Credit you can borrow up to 65% of your home’s value.1
As part of a combined lending plan with an ATB mortgage, the credit available to you within your ATB Flex Home Equity Line of Credit will automatically increase as your mortgage is paid down.
Simply put, as you pay down your mortgage, the available credit in your ATB Flex HELOC automatically grows (up to pre-set maximum). Learn more about how a Flex HELOC differs from a traditional HELOC.
Yes. However, the Flex Equity Line of Credit is available on all ATB mortgages.
Don't have a mortgage with ATB? You might still qualify for our Home Equity Line of Credit.
Your credit limit with an ATB Flex HELOC increases over time as you pay down your mortgage, while the limit is static with a traditional HELOC. With a traditional HELOC you also don’t need to have a mortgage with ATB.
On approved credit. Some conditions and minimum amounts apply. Residential properties only. Set up fees (such as the cost of determining the value of the property) can apply which may affect the annual percentage rate (APR). Rates are provided for information purposes only and are subject to change at any time.
Your ATB mortgage must pay down to a predetermined value of your property before funds become available in the ATB Flex Home Equity Line of Credit.
You may have to pay for an appraisal on your home to qualify for this HELOC. Appraisals typically start at $275 and can go up based on the size and location of your home. As well there may be Land Titles registration and legal fees that would need to be considered when opening a new HELOC.
ATB Flex Home Equity Line of of Credit TM is a trademark of ATB Financial.