Tap into Your Home’s Capital

Get the Flash Player to see the wordTube Media Player.

A HELOC (home equity line of credit) is an alternative way to borrow. With a HELOC, your home’s equity becomes collateral to provide you with a supply of credit You decide how much credit you need, when you need it, then repay it when you can. There is never a penalty to pay off your balance.

A HELOC is flexible the way a loan isn’t. Once approved, a line of credit can be accessed any time, for any amount up to your limit. With a loan, you need to re-apply every time you want more funds.

HELOCs have low interest rates (as low as Prime Rate +0.50%), making them less costly than credit cards and personal loans.

Butlermortgage.ca has access to more than 45 Canadian lenders who offer a wide range of home equity products for all types of borrowers.

  • First Position uninsured HELOCs up to 80% of your Home Value
  • Second Position Equity Lines of Credit up to 80% on Home Value

A HELOC is an essential asset for today’s homeowner – you are only charged interest on the amount you use, not your available balance. The majority of HELOC’s include interest-only payments and you can pay any amount towards your balance penalty free.

Here’s how a home equity loan can work for you:

  • Debt consolidation can turn high-interest payments into one affordable amount
  • Small business owners facing slow growth or a transitional period have better management options
  • Homeowners can renovate for investment purposes and receive a return on their investment

in 30 Seconds

Check your credit score
online instantly!
Click Here

Mortgage Insurers

Listen to our Ads on


Compliance & Security


Members of: