Home Equityline Visa

Home Equity Visa

• ·         Secured Against Property
• ·         No Annual Fee
• ·         Convenience Cheques
• ·         Low Minimum Monthly Payments:
• ·         Ideal for: BFS, Debt Consolidation, Investment Properties, Renovations
• ·         Can be in 1st or 2nd Position
• ·         Maximum Credit Limit of $100,000

Details

• ·         Set-up Fee Charged to the Card
• ·         $650.00 First Canadian Title Basic Fee and $35.00 Land Title Search

Requirements

• ·         1st Mortgage Must be Institutional, up to Date and Amortized
• ·         All Title Holders on Property Must Complete an Application

LTV up to 60%
Beacon	Rate
600+	5.99%
< 600	Call
LTV up to 65%
Beacon	Rate
600+	6.99%
< 600	Call
LTV up to 80%
Beacon	Rate
680+	7.99%
640+	8.99%
620+	9.99%
580+	11.99%
< 580	Call

** For those with exceptional credit we offer HELOC's starting at 3.00%