Revolving credit

Variable interest rate

Borrow up to 80% of your home’s current appraised value and can potentially save on borrowing costs for as long as you own your home

Manage repayment options by separating available credit into different sub-loans

Choose from a range of loan products that meet your needs 

Upon request, all or a portion of repaid amounts may be re-advanced

You can choose to pay interest only from the revolving credit loan, which is due monthly

No prepayment penalty on the revolving credit loan 

Sub-loan payments will be set at time of loan approval

Sub-loan may be subject to a prepayment penalty