Residential Mortgages Home Equity Line of Credit (HELOC)
Now with even lower rates, Equitable Bank's HELOC is an easy, flexible, and low-interest way to access funds from your home equity for whatever you may need—as you need it.
Ready to learn more? Talk to your mortgage broker today, or find one below.
Find a brokerBenefits of the Equitable Bank HELOC
Convenient low-cost access to funds
Get flexible ongoing access to funds at a rate typically lower than unsecured loan products. Plus, your HELOC comes with an Equitable Bank Visa* Access Card and personalized cheques at no extra cost.
Flexible repayment options
Pay only for what you use and choose how much you’d like to repay—as little as interest-only, or pay it off in part or in full at any time.
Revolving credit
No need to reapply. Apply once and borrow only what you need, when you need it. Enjoy no zero-balance fees and no prepayment penalties.
Equitable Bank HELOC solutions
If you’re looking to unlock equity in your residential property, an Equitable Bank HELOC offers the right option for your needs:
Need a mortgage and a HELOC?
Combine your Equitable Bank first mortgage and HELOC at the same time—or apply for a HELOC, if you have an existing Equitable Bank mortgage.
Have a mortgage elsewhere?
Use funds from your Equitable Bank HELOC to pay out your existing mortgage.
Have you paid off your home?
If you’re mortgage-free, an Equitable Bank HELOC is available to you at any time.
Common uses of HELOC funds
Home renovations
Furthering education
Business expenses
Debt consolidation
Emergency fund
Financial planning
Free, quick, & easy access to HELOC funds
Your HELOC comes with an Equitable Bank Visa** Access Card to make accessing your funds convenient.
Use your Access Card for purchases anywhere Visa is accepted1, and for cash advances from ATMs displaying the Visa and/or Plus logos2—with no annual fee.
You’ll also receive a complimentary set of HELOC cheques that come with no standard processing fees.
Your HELOC online—any time
Online access to your HELOC account allows you to:
- View account statements & transactions
- Manage your email & mailing preferences
- Track your spending by category
- Download account information
- Manage email alerts
To access your HELOC account, use your account number received in the mail.
For online service inquiries, call 1-877-338-4659 (available 24/7).
Log on or enroll nowInterested in an Equitable Bank HELOC?
Equitable Bank issues its HELOC through professional mortgage brokers—reach out to yours today. Don’t have a broker? Find one near you below!
Find a brokerNote: Equitable Bank has made changes to the Agreement above with an effective date of October 31st, 2024. Click here to see the new Agreement.