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Meritline Home Equity Line of Credit

Borrow up to 80% of the value in your home to use over and over without ever having to reapply. Save interest costs by having your paycheque deposit to this account. Roll your existing debts into a Meritline to pay down high-interest credit card fees faster.

Features and Benefits

• Available over and over again as you make payments, those funds become available automatically.
• One-time approval and there is no need to apply again, use the funds as you see fit.
• Limits and rates are based on your credit rating and mortgage value.
• Repayments are flexible and can be as low as interest-only.
• Amounts available up to 80% of the value in your home.
• Credit increases as you pay down your mortgage.

See Lending Fees

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