Home Equity Line of Credit

re your clients looking for an alternative to a traditional mortgage? If so, a Laurentian Bank home equity line of credit may be the ideal solution.

With a revolving line of credit, your clients not only have the freedom to pay their down mortgage at their own pace but they can also use the equity in their home for all their borrowing needs – and all at a rate as low as Prime. An easy, one-time application gives them access to a maximum of 75% of the appraised value of their home. Now that’s an attractive alternative!

Highlights:


Ideal for	Clients seeking funding that is more flexible than traditional mortgage financing
Key benefit	As an individual pays down their balance, they can use the available credit to renovate, purchase a vehicle or even take a vacation – it’s up to them
Eligible properties	Owner-occupied
Payment options/rate/term	Variable at Prime or Prime + 1%¹

Next steps :

Click here for today's rate
Speak with a mortgage specialist

¹No set term as credit is revolving.
B2B Trust distributes and administers broker mortgages for Laurentian Bank of Canada

At Your Fingertips:

Getting Started: Mortgages
Rates: Mortgage Rates
Fees: Mortgage Fees
Workflows: Mortgages Workflow
Others: Broker Mortgages FAQ