Get a Home Equity Line of Credit in Canada - 360Lending
 

Need a home equity line of credit?

Borrow from your equity at any time with low payments & $0 annual fees.

Call 1-888-360-1029

or


The office is currently closed, please Apply Online.

Why Get an Home Equity Credit Line

  1. Borrow from your equity at any time - access your equity with an online portal, a physical card, or convenience cheques
  2. Finance unplanned expenses - have your equity available to use during emergencies or as a rainy-day fund
  3. Affordable and flexible payments - pay interest on only the balance used or pay more if you want to

Credit Card vs HELOC

  1. How much do you owe? (i.e. credit cards)
    $
    Please enter an amount greater than $20,000.
  2. Fixed payment per month

    The fixed amount you pay must be equal to or greater than your minimum monthly payment, which is usually 2.5% of the remaining balance.

    $
    Please enter an amount greater than $20,000.
  3. Calculate

    Once you enter all the values above, the graph to the right will automatically update.

    Once you enter all the values above, the graph below will automatically update.

 

ANNUAL SAVINGS
$0

$0
 
$0
Credit Cards
 
HELOC

Based on minimum payment requirements of 2.5% with credit cards and 1% with HELOC.

Apply for HELOC

  1. Call us or apply online

    Talk to one of our friendly advisors to help us understand your situation and your goals.

  2. Follow our process

    Follow our simple yet effective process to qualify for the best offers.

  3. Receive your funds

    Once you sign your paperwork, the funds will be released usually within 5-8 business days.

How Much Can I Borrow?

  1. Estimated Property Value
    $
    Please enter an amount greater than $200,000.
  2. Total Mortgage Balance

    Current balance of all of the mortgages, secured loans, and secured lines of credit on your property.

    $
  3. Calculate

    Once you enter all the values above, the graph to the right will automatically update.

    Once you enter all the values above, the graph below will automatically update.

 

YOUR COULD QUALIFY FOR
$0

$0
 
$0
 
$0
Home Value
 
Mortgage(s)
 
Availble Credit

You can qualify for up to 80% of the value of the property, minus the balance of registed mortgages. HELOC limit cannot exceed 65% of the value of the property.

Home Equity Credit Line for Ontario Canada

  • Low Minimums

    Minimum payment is ~1% of balance.

  • Open Repayment

    Borrow, repay it and borrow again.

  • Easy Access

    Physical card and cheques for convenience.

  • No Annual Fees

    No costs to maintain on a yearly basis.

  • No Term

    No maturity date. No need to renew.
     

  • Cash Out

    Get cash in hand to accomplish your goals.