Services

Accessing home equity

Refinance your mortgage to access your home equity. The equity you have built in your home can be a powerful tool to help you reach financial goals.

By refinancing your home, you can borrow up to 80% of its current value. The extra money can be used to pay off your high-interest debt, renovate your home to increase its value, purchase an investment property, or save for a rainy day.

If you have a lot of equity in your home, you may want to consider a home equity line of credit (HELOC) product. A HELOC product is a secured form of revolving credit. You can borrow money, pay it back, and borrow it again, up to a maximum credit limit of 65% of your homes current value. A HELOC product will work with your existing mortgage, allowing you to keep it. The HELOC product and mortgage cannot exceed 80% of your homes current value.

Our team will work with you on creating a financial plan that will help you reach your goals.

Questions? Have one of our team members call you when it is most convenient.


Request a callback. Please fill out this form and we will get in touch with you within 12 business hours.

 

ContactRodney Biggar
Licensed Mortgage Associate
 
Phone (780) 960-5897
Fax (780) 960-5898
info@theBIGGARteam.ca
Hillside Centre
#204 636 King St.
Spruce Grove, AB
T7X 4K5

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