HELOC

A home equity line of credit, or HELOC, is a convenient way of using the value in your home as leverage to borrow money. HELOCs are attractive for their low interest rates, very generous repayment terms, … Read More

There are plenty of options available to Canadians looking to borrow money, and each has its own pros and cons. Two of the most common choices …

What are the pros and cons of reverse mortgages? Reverse mortgages are a controversial product, and they don’t suit everyone. Here’s what you need to know.

Home equity is a really important concept for homeowners, especially if you’re considering a home equity loan or line of credit. So what is home equity?

Should you refinance, use a HELOC, or get a second mortgage? There are many ways to access home equity, with different pros and cons. Here’s a comparison.

The Scotia Total Equity Plan is Scotiabanks’ HELOC product (the Scotia home equity line of credit). But is Scotiabank’s STEP right for you? Let’s find out.