Home equity line of credit is a mortgage loan in which
the collateral is the available equity in a property, It could be a first or second mortgage
If it is a second mortage, the lender doesn’t necessarily have to be the lender which facilitated the first mortgage loan.
A home equity line of credit can be used to finance business, or consolidate commercial and credit card debts, students tuition, funeral expenses, business cash flow, vacations and more
|Call or text 416-262-7139|