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Information to know before applying
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
Payment details
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
Interested in finding a loan that’s right for you?