Benefits of this product
- Convenient access
- Access your credit through your TD Access Card1, cheques and EasyWeb Online banking.
- Home ownership costs
- Finance purchases related to home ownership, including renovations, home repairs and additional properties.
- Low interest rate
- Borrowing credit against your assets, such as your home, may provide you with a lower interest rate.
- Borrowing power
- Use your home equity to obtain a credit limit, up to 80% of the value of your home.
What are my interest rate options?
Competitive Variable Rate
Enjoy a competitive variable interest rate based on TD Prime Rate
If you opt for a Term Portion when setting up a TD Home Equity FlexLine, you can borrow up to 80% of your home's value2
Or at any time, put all or a portion of your outstanding balance into a Term Portion and establish regular payments (subject to minimum amounts) at a fixed or variable interest rate with open or closed prepayment , privileges.for the term selected.
Have a personal consultation to discuss your options.
What you’ll need to bring
- Current address and previous address (if current address is less than 3 years)
- Your income (sources and amount)
- Your monthly mortgage or rent amount
- Your monthly payments (loans, credit cards, lines of credit)
- Household costs (utility, property tax, insurance, etc.)
- Social Insurance Number (optional)
You may also be interested in:
Decide which line of credit is right for you
TD Loan Life and Disability Insurance
1 Available when the TD Home Equity FlexLine is programmed on your TD Access Card. Fees may apply for Interac® access and the use of other ATMs.
2 Subject to the value of your property and any prior charges or liens. Up to 65% can be taken as the credit limit for the revolving portion.
How to Apply
Meet with us
We can help. Schedule a visit with one of our Mobile Mortgage Specialists.
Visit a branch
Meet with a banking specialist in person at a branch that is most convenient for you.
Our banking specialists can help you apply for a TD Home Equity FlexLine