Your house: the solution for financing your projects!
The Versatile Line of Credit is a mortgage-secured credit line that lets you borrow up to 80%2 of the value of your home for financing your projects.
- Save by consolidating your car loan, personal loans and mortgages, and even your credit card debts;
- Very attractive interest rate, lower than that of a traditional personal credit line;
- Split up your financing sources by diversifying your mortgage loan.
What can you do with a Versatile Line of Credit?
- Renovate your kitchen
- Buy a motor home
- Take advantage of your unused RRSP contribution room to make a large contribution to your RRSP
- Pay for your children’s education
- Consolidate your debts
- Split up your financing sources, etc.
Once the amount of the line of credit has been established, you can use your funds as you need them without having to re-apply. Take control of your finances!