Home Equity Line Of Credit
Mortgage Broker in Newmarket, ON
Depending on the amount of equity in your home (the value of your home minus any debts secured against it) you may qualify for an equity line of credit. A home equity line of credit is secured against your home making the rates much lower than traditional unsecured lines of credit from your bank. They can be used for a variety of things, such as:
- Debt consolidation
- Dream vacation
- Money that is available at any time for anything you’d like
Having funds readily available when you need them provides you with financial peace of mind.