Home Equity Line of Credit (HELOC)

Flexible financing provides what you need

When you plan to take on large projects or consolidate debt, a Home Equity Line of Credit (HELOC) can be the right solution. Borrow against the value of your primary residence, second home, camp, or vacant land and access a line of credit just as you would a credit card. The amount you borrow is based on its equity, the value of the real estate compared to how much you owe on your mortgage.

  • Borrow any amount at any time for any purpose, up to pre-approved credit limit
  • Competitive interest rate helps you borrow within your budget
  • Access money by check, telephone transfer and online
  • Repay the principal at any time
  • Interest may be tax-deductible; please consult your tax adviser for full details