Home Equity Line of Credit
Mortgage Broker Based In Richmond Hill, ON
- Allow borrowers access to financing with lower interest rates than other unsecured credit cards by leveraging the equity in their home.
- Property Type: Must be primary owner-occupied residential property located in major urban centers
- Min Property Size: 700 sq ft -single-family and 500 sq ft - condominium
- Credit Limit: Min - $10,000 and max - $250,000
- Interest Rate: Prime plus a variable rate based on Loan to value and credit score.