Need funds now and in the future?
A line of credit allows you to borrow against the value of your home. This loan provides you ongoing access to funds once you are approved. As you repay your balance, the funds become available again for your use.
- Borrow up to 80% of your outstanding equity (Combined Loan To Value-CLTV)
- No fees or out-of-pocket costs in most cases
- Loan automatically converts to a fixed rate loan after 10 years
- Interest only payments for 10 years