Access low-cost, flexible borrowing with the benefits of a chequing account
A secured line of credit is a revolving source of funds, up to an approved amount, that you can access when you need them. Also referred to as a Home Equity Line of Credit, the funds in this account are secured against your property.
Write cheques and make ATM withdrawals. Only pay interest on the funds you use, and any amount you repay is accessible to you again without reapplying.
A dedicated Mortgage Specialist will be assigned to discuss your application and will be there to assist you with any questions you may have, every step of the way.
Want a line of credit that isn’t secured against your property? Check out our personal line of credit.
If you own your home, a secured line of credit may be right for you — even if your mortgage isn’t with us.
Our secured line of credit gives you the freedom to expect the unexpected, turn that home renovation dream into a reality or even consolidate high cost debt, while getting all the benefits you expect from a chequing account.
Our lending specialists will take the time to understand your financial situation and give you the best options. Whether you want to chat about rates or ask for advice, they're always available to help.