Home equity

Tap into the value of your home

Equity is the difference between what your home is currently worth and the amount you owe on it. You can borrow money based on the equity you have in your home to:

  • renovate your home
  • purchase another property
  • pay for your child’s education
  • purchase other assets, such as a car or a boat

You can save thousands of dollars by financing large purchases using the equity that you've built up in your home. This approach gives you access to flexible borrowing options: mortgage finance or a Creditline. See how you can maximize the benefit of your equity. To find out more, talk to one of our mortgage specialists.