Exclusive Home of

The R.E.L.O.C

(Rental Equity Line of Credit)

Unlock Equity in Your Home or Income Property to Finance Your Next Purchase.

Done Deal

Unlock Equity to

Generate More Equity?

Now, that's Smart

Real Estate Investing.

WHAT IS IT?

  • The R.E.L.O.C is designed for Real Estate Investors that want to use the equity in an existing property to finance their next purchase/investment.

  • Qualify for up to $500,000 Credit Limit & up to 80% Loan to Value.

  • Up to 10 PROPERTIES PERMITTED*

  • The Only Equity Credit Line that can be Registered against an Income Property.

  • 100% of Rental Income Used for Approval

  • No Personal Tax Information or Financial Statements Required for Approval

The R.E.L.O.C can also be used for:

  • Down Payment to Purchase Additional Properties

  • Debt Consolidation or Pay Off Private Mortgages

  • Finance Renovations and New Construction Projects

PERKS:

  • Earn 1% Cash Back on All Purchases

  • 21-Day Interest Free Period on Purchases

  • Interest Payments only on Credit Used

  • Auto Rental Insurance

  • Purchase & Fraud Insurance

  • In-Store, ATM & Online Account Access

FEES & RATES:

  • No Upfront Fees, No Annual Fee, No Monthly Fee

  • Rates from 4.99% to 9.99% 

  • Rates are FIXED and do not fluctuate like Home Equity Lines

  • One Time Processing Fee of 2.99%

  • Processing Fee & Closing Costs can be charged to Credit Line

 

FINE PRINT:

  • Limited to Residential Rental Properties Only

  • Residential Income Properties only. (Up to 4 Units)

  • Can be Registered in 1st and 2nd Position at the Same Interest Rate

 

Use Equity to Build & Grow Your Empire.

Use the Equity you've Earned to help you purchase your next income property, renovate existing properties, or replace a high-interest second Mortgage.

Glass Buildings
OUR SIMPLE 3 STEP PROCESS
1

Submit Your Documents

Submit the form above and hop on a call with one of our Brokers! 

2

Accept the Terms

 If you are Happy with the Rate and Credit Line Amount, we sign the Docs and order the Property Appraisal to confirm its value.

3

Receive Funds

Meet with our Legal Team to Register the Credit Line and Issue any Monies needed.

Receive your Card and Cheques within 10 business days.