Home Equity Line of Credit

Base Rate of 2.75%

Borrow up to 80% of the value of your home with a FirstOntario MeritLine Home Equity Line of Credit. A Meritline offers you the flexibility to decide how and when you'll use your available credit. You get the advantage of secured borrowing rates to finance your home and other things that are important to you. A Meritline Home Equity Line of Credit is also a great tool for consolidating your debt, completing your home renovation or buying your next car.

Key features:

• Preferred, variable interest rate tied to the Prime rate.
• Option to make interest only payments.
• Highly flexible to match your cash flow.
• As you pay down your line of credit, the available balance becomes immediately available for use again.

For more information on our mortgages, please call
1-800-616-8878 or visit your nearest branch.

*Rates subject to change without notice.