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Credit heloc - PowerPoint PPT Presentation

Is it smart to get a HELOC ?

A HELOC is a low-cost borrowing option (compared to unsecured debt and credit cards) since itu2019s secured against your home.HELOCs are quite popular among Canadian homeowners. Despite interest rates rising, HELOCs remain popular. HELOC balances have been growing at twice the rate of mortgages, according to a report by the CMHC.

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Benefits of Home Equity Line of Credit (HELOC)?

Home Equity Line of Credit, also known as HELOC offers up to 95% of credit against the house as a collateral. Check this post to know more about this loan type and how Drew Mortgage Associates can assist you for this loan program.

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Credit heloc - PowerPoint PPT Presentation

Is it smart to get a HELOC ?

Benefits of Home Equity Line of Credit (HELOC)?