LIVE MARKET DATA

5-Year Fixed: 4.14% ▼ 0.05%

5-Year Variable: 6.10% FIXED

3-Year Fixed: 4.59% ▲ 0.02%

Insured Rate: 3.99% ▼ 0.10%

Prime Rate: 7.20% UNCH

5-Year Fixed: 4.14% ▼ 0.05%

5-Year Variable: 6.10% FIXED

3-Year Fixed: 4.59% ▲ 0.02%

Insured Rate: 3.99% ▼ 0.10%

Prime Rate: 7.20% UNCH

FLEXIBLE FINANCING

Your Home's
Equity, On Demand.

A Home Equity Line of Credit (HELOC) gives you a reusable, revolving credit facility secured against your property. Borrow only what you need, repay on your schedule, and keep your options open — all at rates far below unsecured credit.

Get a HELOC Quote

Free consultation, no obligation, no credit impact.

Borrow up to

80% LTV

WHY CHOOSE A HELOC?

Smart access to your home's built-in wealth.

Pay Only What You Use

Unlike a traditional mortgage, you only pay interest on the amount you actually draw from your credit line — not the total approved limit. This means you stay in full control of your borrowing costs.

Revolving Credit

As you repay the principal, those funds become available to borrow again — giving you a permanent financial safety net. It's like a credit card backed by your home, but at a fraction of the interest rate.

Interest-Only Payments

Most HELOCs offer interest-only payment options during the draw period. This maximises your monthly cash flow while you deploy capital where it matters most.

HOW IT WORKS

Unlock your equity
in three steps.

Property Assessment

We evaluate your home's current market value and existing mortgage balance to determine how much equity you can access — up to 80% LTV.

Lender Matching

We shop your file across 30+ lenders to find the HELOC product with the lowest prime-based rate, best terms, and most flexible draw conditions.

Access Your Funds

Once approved, your credit line is set up and ready to use instantly via cheque, online transfer, or a dedicated HELOC debit card.

COMMON USES

How Canadians use their HELOC.

Home Renovations

Fund kitchen, bath, or basement upgrades that increase your property value.

Debt Consolidation

Replace high-interest credit card and car loan debt with one low payment.

Education Costs

Pay for tuition or professional development at a fraction of student loan rates.

Invest & Grow

Leverage your equity to invest in stocks, a rental property, or start a business.

HELOC FAQ

Common questions.

How much can I borrow with a HELOC?

In Canada, most lenders allow you to borrow up to 65% of your home's appraised value through a standalone HELOC. When combined with your mortgage, the total cannot exceed 80% of the property value (loan-to-value ratio).

What rate will I get on a HELOC?

HELOC rates in Canada are typically set at Prime + a small spread (e.g. Prime + 0.50%). Because they are secured by your property, rates are significantly lower than credit cards (19%+) or personal loans (8-12%).

Can I have a HELOC and a mortgage at the same time?

Absolutely. In fact, most HELOCs are set up as a "readvanceable mortgage" — combining a traditional mortgage with a HELOC under one registered charge. As you pay down your mortgage, your available HELOC room automatically increases.

Unlock the potential of your greatest asset.

Speak with an advisor today to see how a HELOC can fit into your financial strategy. It takes just 5 minutes to get started.

Talk to an Advisor

Headquartered in Toronto, Canada

Mortgage Brokerage licensed in Ontario: FSRA 12984, Alberta: RECA LIC-00516872, British Columbia: BCFSA X301004, Manitoba Securities Commission licensed, Nova Scotia: License #2022-3000058, Newfoundland/Labrador: 23-07-HO061-1, New Brunswick: FCNB 210057266 and Saskatchewan: FCAA 512263.

Real Estate Licensed in Ontario, as a registered OREA Brokerage, West Avenue Real Estate. We are a member of the Canadian Mortgage Brokers Association (CMBA).

Proudly Canadian. Always Independent.