Home Equity Line of Credit

Mortgage Agent in Durham Region

The greatest feeling for me is when I have been able to help someone’s dream come true with homeownership or when I am able to save someone substantial amounts of money every month providing them with huge financial relief.

Home equity line of credit is a loan that is secured against your house. The payment options are flexible and the loan is fully open so there is never a penalty to pay it off. You only pay a monthly payment on what you use. It can be used for many things such as renovation and construction, debt consolidation, student loans, as well as buying a second property. The rates on this product are much lower than unsecured debt such as an unsecured line of credit or credit cards.