Home Equity Line of Credit
- Easy and secure
- Same day approval
- Good & Bad Credit
Need to expand your business, but cannot qualify for personal loan? Tired of juggling your monthly bills and credit card payments and do not want to borrow more than $100,000? If this sounds like your situation, a lower interest equity line of credit may be what you need.
A Home Equity Line of Credit lends against the equity in your home and allows you to access the loan through the use of a credit card. You use the credit card just like a line of credit, but the loan amount is determined by the equity amount you qualify for.
You can use your home equity line to:
- Pay off high-interest loans and credit cards
- Renovate your home or cottage
- Invest in your business
- Pay for school and education
You simply make a payment on the balance used, not the full amount, and you will always have access to the line as you make regular payments.