Home Equity
A HELOC for flexible access.
A home equity line of credit lets you draw funds as needed during a draw period — useful when costs come in stages, like renovations, tuition, or ongoing projects.
What you get
Draw only what you need, when you need it
Variable rates during the draw period
May keep your existing first mortgage intact
Interest-only payment options may be available during draw
Subject to credit, income, equity, and property approval
Draw period
Access funds over time instead of taking one lump sum upfront.
Pay interest on use
You may only pay interest on the amount you have drawn.
Renovation friendly
Ideal for projects where costs arrive in phases.
Revolver access
Repay and redraw during the draw period, per loan terms.