Financing on your home, for your life.
Use what you have
Renovating your basement. Funding your child's education. Snowballing your debt. We make it easy to use what you have to get what you need.
Borrow on your timetable
Apply once, and this HELOC is yours as long as you need it. It renews automatically—as you pay down your balance, you regain access to those funds.
Repay on your terms
Make the minimum monthly interest payment or pay more—up to the entire balance. There's no repayment deadline and no fixed term.
Frequently Asked Questions
Yes. You can take out a HELOC on a rental or investment property, as long as it's residential.
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.
Find the line of credit that's right for you
Set up fees may apply which can affect the annual percentage rate (APR).
Based on approved credit and subject to any prior outstanding mortgage or other encumbrances.
Related documents: Little Book of Personal Line of Credit (PDF)