Mortgages

Home Equity Line of Credit

A Home Equity Line of Credit lets you use the equity in your home to borrow money. It’s a flexible alternative to a traditional mortgage that lets you pay at your own pace – making payments as low as interest only, or as much as you want.¹

You may never need to apply for credit again.

Access to up to 80% of the appraised value or purchase price of your home (whichever is lower), less any prior outstanding mortgages or other charges
As your outstanding balance decreases, your available credit increases.

If you choose a Fixed Rate Advantage Option for your Home Equity Line of Credit, you could be eligible for a cash rebate for your qualified “Green” purchases.

Interest Rate	Changes with TD Prime Rate
Payment Options	Monthly
Rapid Paydown	Pay as little as interest only or as much as you want¹
Prepayment Option	On fixed rate portion, up to 15% each year

Convert to the Fixed Rate Advantage Option any time

You can always convert all or any portion of your Home Equity Line of Credit balance to the Fixed Rate Advantage Option to protect yourself from interest rate increases and establish regular fixed payments to help you plan your budget (subject to minimum amounts).

Get your official account statements online today!

Online Statements are now available through EasyWeb. Like paper statements, these documents are acceptable for tax and legal purposes and can be saved to your computer or accessed on our secure site for up to 7 years going back to January 2010 and onwards. Sign up for or Log into EasyWeb to turn off paper statements today!