Getting a Home Equity Line of Credit
1. Apply
You can apply for just a Home Equity Line of Credit or add one to your unmortgage® anytime. One of our Mortgage Specialists will be happy to walk you through it over the phone. Or, you can get things started online whenever you like.
2. Getting it finalized
Once your deal is approved, you'll receive an approval letter outlining the documentation needed to finalize your Home Equity Line of Credit. Your Account Representative will work with you to collect the information and answer any questions you may have.
3. Making it official
You'll need to meet with your lawyer (notary in Quebec) to sign the final documents and confirm your identity. Your lawyer will register your Home Equity Line of Credit, so we can make the funds available.
4. You're ready!
You'll receive a welcome letter letting you know that your Home Equity Line of Credit has been set up and is ready to go. You can withdraw from your Home Equity Line of Credit or make payments online through either an
Mortgage and other loan rates are annual rates and are subject to change without notice and are current as of today's date.
Current Interest Rates
| 5 Year Variable | |
| 1 Year Fixed | |
| 2 Year Fixed | |
| 3 Year Fixed | |
| 4 Year Fixed | |
| 5 Year Fixed | |
| 7 Year Fixed | |
| 10 Year Fixed | |
| Home Equity Line of Credit |
Annual interest calculated semi-annually not in advance.
Tools & Calculators
