Home equity line of credit

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

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.

Seasons change and the lush greens turn to bold reds, bright oranges, and yellows. You admire the beauty from inside your home. A cool gentle breeze caresses by and you go to close the window, but … Read More

Q. What is a home equity of line of credit? A home equity line of credit (HELOC) is a revolving line of credit that leverages the equity in your home. With a HELOC, you can choose when and … Read More

Q. What is a home equity of line of credit? A home equity line of credit (HELOC) is a loan that leverages the equity in your home. The HELOC functions like a revolving line of credit where you … Read More