Made in Canada for Canadians
You may be eligible for a HESA if:
Plays nicely with your mortgage
Have a mortgage or HELOC? No problem. A HESA can complement your mortgage or other debt secured by your home as long as that debt is less than 75% of your home’s value.
Co-benefits
Savvy lenders love our HESA. It can help homeowners reduce their outstanding debt and increase their liquid financial resources, improving their ability to service their existing debt and maintain their home.
Consent
You’ll usually need your mortgage lender’s consent to allow you to grant us a charge on your home. We’ll support you in getting it and will even talk to your lender to educate them about our HESA if they’re unfamiliar with it.
Subordinated
The charge on your home for our HESA will be subordinated to that of your existing lender. Any future lenders would be subordinate to us unless we agree otherwise.
Now available in the Greater Toronto Area
From Toronto to Newmarket and Burlington to Oshawa, our HESA is now available in the GTA. Get an estimate to check your eligibility in only a couple of minutes.
Outside of the GTA? You can still use our estimate tool to join the waitlist and we’ll let you know when we open applications in your area.
Our HESA is currently available in select urban and suburban areas of the Greater Toronto Area, including Toronto, Mississauga, Brampton, Vaughan, Newmarket, Aurora, Richmond Hill, Markham, Pickering, Ajax, Whitby, Oshawa, Oakville and Burlington. We identify eligible areas at the postal-code level, so we recommend checking your postal code in our estimate tool.
The personalized attention you deserve
We use personalized underwriting and the latest technologies to evaluate your application. That allows us to get rid of minimums for credit scores, income levels and other rigid criteria. Instead, we are able to look holistically at your home and your personal finances.
Break free from interest rates
Access your home equity and only pay at the end based on how much your home has appreciated.