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Home Equity Line Of Credit Rates Canada

Tuesday Nov 7th, 2023

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A home equity line of credit (HELOC) is a kind of secured financing. Your home equity serves as a guarantee to the lender that you will repay the loaned funds. This is known as a type of "revolving credit" loan.  As a revolving credit loan, you may borrow money up to the credit limit stipulated in your contract, pay it back, and then borrow it again. HELOCs are different from home equity loans and can be used in tandem with a mortgage or as a standalone product.  Keep... [read more]

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Ken H Huang

Ken H Huang

BROKER / CLHMS / SRS / ABR

Re/Max Realtron Realty Inc., Brokerage

Right Choice = Better Life

7800 Woodbine Ave., Ph. 1, Markham, ON, L3R 2N7

kenhuang8848@hotmail.com

(647) 866-2895

(905) 470-9800

(905) 470-7770
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