Home Equity Line of Credit (HELOC) in Ottawa

Access to your equity, whenever you need it.

A HELOC is a revolving line of credit secured by your home. You borrow only what you need, pay interest only on what you use, and can borrow again as you pay it down. It's flexible, which also means it needs a plan.

How I help

• Set it up the right way: a standalone HELOC, or combined with your mortgage, depending on your goals.
• Plan its use: renovations, investing, emergencies, or a down payment on a rental.
• Be honest about the risks. Easy access to money works best with a clear plan for paying it back.

Questions I hear most

"How much can I get?"
Generally up to 65% of your home's value as a HELOC, and up to 80% combined with your mortgage.

"What are the payments?"
Often interest-only, and the rate is usually tied to prime, so it can change.

"HELOC or refinance?"
It depends on how and when you'll use the money. Let's compare both.

Your next step

Tell me your plan for the funds, and I'll recommend the best structure. I work with clients in English, Hebrew and Russian.