Compare and find the right mortgage for you

Make the equity in your home work for you

Get the money locked up in your house working where you need it most. With an Equity Power Mortgage, you can access up to 80% of the value of your home¹ though a range of credit options²:

• Mortgage advances, through a Traditional Mortgage, with the option to re-advance funds when you need them. 
• Secured Personal Line of Credit, with the choice of interest-only payments, and drawing only the funds you need at any time for as long as you own your home.

How it works

Let’s say your home has been appraised at $500,000, and you have a mortgage of $325,000. The equity you have built in your home will allow you to access up to $75,000.

• Start a project, such as renovating your home.
• Provide a luxury, such as buying a vacation property.
• Make cost-saving decisions, such as consolidating high-interest debts.

Try our online calculator to figure out how much time and money you could save by simplifying your finances.

Is this the best mortgage for you?

The Equity Power Mortgage is your best option, if you:

• Are a homeowner.
• Don’t want to sell your house to have access to the equity you’ve built up in your home.
• Have done a lot of work to improve your home, and so its value has gone up.
• Want to simplify your finances by combining all your borrowing needs.

Customize your mortgage to your advantage

Combine different terms, rates, payment options, and amortization schedules under one mortgage to meet your unique needs:

• Pay down your mortgage faster by creating a blend of long and short terms.
• Blend payments of principal and interest, making interest-only payments in certain circumstances. 
• Take advantage of today’s low interest rates by splitting your mortgage into fixed and variable rates.