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Home Equity Line of Credit (HELOC)

With equity in your home, it makes sense to establish a Home Equity Line of Credit (HELOC). This allows you to handle life's unexpected up's and down's. We are able to set up a Home Equity Line of Credit (often with your bank of choice).

Some elements to consider are:

Immediate access to funds
Interest only payments
No set-up costs
Mortgage pay-down increases HELOC
Interest starts at Prime rate
Can be used for multiple purposes e.g. Investment property, etc


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