Home equity line of credit

Should you refinance, use a HELOC, or get a second mortgage? There are many ways to access home equity, with different pros and cons. Here’s a comparison.

The Scotia Total Equity Plan is Scotiabanks’ HELOC product (the Scotia home equity line of credit). But is Scotiabank’s STEP right for you? Let’s find out.

A home equity line of credit, or HELOC, is a convenient way of using the value in your home as leverage to borrow money. HELOCs are attractive for their low interest rates, very generous repayment terms, … Read More

Seasons change and the lush greens turn to bold reds, bright oranges, and yellows. You admire the beauty from inside your home. A cool gentle breeze caresses by and you go to close the window, but … Read More

Q. What is a home equity of line of credit? A home equity line of credit (HELOC) is a revolving line of credit that leverages the equity in your home. With a HELOC, you can choose when and … Read More

Q. What is a home equity of line of credit? A home equity line of credit (HELOC) is a loan that leverages the equity in your home. The HELOC functions like a revolving line of credit where you … Read More