What is a HELOC? A HELOC (Home Equity Line of Credit) is a revolving loan secured against your home’s equity. It works like a credit card. You can borrow, repay, and borrow again — but usually at much lower interest rates. Who is it for? Ontario homeowners with at least 20% equity in their property Those with stable income and good credit Investors or renovators needing flexible access to funds People looking to consolidate high-interest debt How do you benefit? ✅ Access
