Eligible homeowners can put their equity to work for debt consolidation, home improvements, major expenses, or investments. With a streamlined online application and automated underwriting on most files, borrowers can get funded in as little as a few days.
Key Features
- A home equity line of credit with a 5-year draw period
- Available for owner-occupied homes, second homes, and investment properties
- Option to take a full draw at closing and convert it to a fixed rate
- Flexible repayment term options
- Automated underwriting with AVM-based valuation on most files
- Streamlined title process for faster closings