Looking to renovate your home property? Want to increase it's value for future resale? Here at Dominion Lending Centres - a well established Canadian Lending Company - we provide not only regular home equity line of credit mortgages - but also a unique "Mortgage credit card" that lets you take equity out of your home!
Our Equity-Line Home Trust Visa Credit Cards allow you to put a first or second mortgage on your home property, and use that equity-take-out amount like a regular Visa - to purchase renovation supplies for your home, or anything else you would buy with a regular Visa. This Equity-Line Home Trust Visa will show up on your credit bureau - which is great news, because it means it can help you establish or reestablish your credit!
You can use this Equity-Line Home Trust Visa just like a regular Visa to shop online and offline as well as to make reoccurring bill payments. This Equity-Line "mortgage" Visa will NOT limit you like some prepaid, debit or gift-card "wanna-be-credit-card" options can.
The mortgage/credit card rate you get for this Equity-Line Home Trust Visa, as well as the size of credit-limit will vary depending on how you qualify for this mortgage-credit-card here at Dominion Lending. But the mortgage-rates for this Visa Credit Card can range from 5.99% to 11.99% - depending on your credit score, how much equity you want to take out of your home, and your home property's value. These rates are very low for 'credit card rates' in Canada. And you can get up to $100,000 of equity taken out of your home and put into 'Visa Credit Card' form - again depending on how you qualify - to use for any renovation, or debt consolidation etc.!
Apply easily for our Equity-Line Home Trust Visa here at Dominion Lending: simply fill out our online Mortgage/Equity-Line Home Trust Visa Application today!
- HELOC/Mortgage Home Trust Visa Equity Line of Credit - Articles - Renovate