Get Rid of High Interest Debt,
and Get Back in the Black.
You've Got This. We Can Help.
WHAT IS THE HOME EQUITYLINE OF CREDIT?
A High Limit Home Line of Credit with Funds and Purchases Accessible through a Convenient Visa Card.
Qualify for a Credit Line of up to $500,000 secured with your Home or Rental Property.
Low Credit Score? We accept 540 Minimum
We use 1-Year Business Banks Statements Used
We accept 100% of T4A Income to Qualify You
Own Rental Properties?
Accepted! And we use 100% of Rental Income
Consumer Proposal? Can Pay Off and Discharge
No Personal Tax Information or Financial Statements Required For Approval
21-Day Interest Free Period on Purchases
Earn 1% Cash Back on All Purchase
Interest Payments made only on Credit Used
No Annual Fee, No Monthly Fee, No Upfront Fee
Fixed Rates from 4.99% to 10.99%
Same Rates for 1st and 2nd Position
Credit Line Available up to 80% Loan to Value
Residential Rental Properties Only – up to 4 Units
Only One Time Processing Fee of 2.99%
Closing Costs and Fees can be charged to the Credit Line
BUSINESS LOANS ARE SO RIGID.
THIS CREDIT LINE IS AMAZING.
"I was paying $5,000 a month for a Business Bank Loan that i used to start my business.
The high payment and monthly fees was hurting my Cash Flow.
I was approved for a Business 500 Credit Line, I Paid off the Loan, NO More Fees, and my Monthly Payment dropped to only $1,500!
Bobby Singh, Hatch Group
"After 20 years in business, we really needed to renovate our Restaurant. The Bank said our financials weren’t strong enough for a Business Loan.
But based on my Business Bank Statements we were Approved for a $400,000 Business Credit Line. Reno's are done and I can pay back when I want"
Dave & Lillian T. - The Harbour Cafe
BLUE COLLAR IS THE RIGHT COLLAR:
"As a Contractor, I have a lot of write offs and don't report much Income on my Personal Taxes. Because of that, the Bank wouldn't approve me for a Credit Line. I was approved for the B500 in 2 days."
Joe F - Ferramo Construction
“I buy all of my product and inventory with my Business 500 Credit Line.
I earn 1% Cash Back and pay NO INTEREST because I always pay off the balance within 21 days. It's amazing."
Charlene Y. - Shopify Storefront
OUR SIMPLE 3 STEP PROCESS
Submit Your Documents
Email us the Documents from the Checklist and will have your
Free Approval within 2 days.
Accept the Terms
We'll indicate how much you qualify for and at what rate.
If you like it, we order an appraisal.
Sign The Final Documents
Meet with our Legal Team to Register the Credit Line.
Receive your card and cheques within 10 business days.
Use Equity to Build & Grow Your Business.
You've built your business with a lot of know-how and some serious sweat equity. Take your business to the next level by using the equity in your home and get up to $500,000.
Fine Print: Maximum 65% LTV for EquityLine Visa, maximum 80% LTV for EquityLine Visa and 1st mortgage combined. Rates are subject to change at any time. Each mortgage application is subject to approval based on its merits in accordance with Home Trust’s policies and guidelines. One time processing of 2.99%, charged to the card.
® Registered trademark of Home Trust Company. * Visa Int./Home Trust Company, Licensed user of mark. The rate used to calculate the GDS and TDS ratios for all mortgages will be the greater of the contractual mortgage rate or EquityLine Visa rate (offer rate) plus 2% or the five-year benchmark rate published weekly by the Bank of Canada. Non-conventional mortgage applicants must also qualify for mortgage insurance and are responsible for the insurance premiums.