Toronto Home Equity Line of Credit
September 25, 2020A home equity line of credit allows you to borrow up to a specific amount of your home in the form of credit. It is one of the most flexible borrowing options there is, as there are no limitations on how many times you may take from it, only a fixed credit limit set by your lender. Like a mortgage, your home is pledged as collateral if you’re unable to pay your debts.