A Home Equity Line of Credit (HELOC) could be the key to making those dreams a reality!

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** Ever dreamed of renovating your home, investing in your future, or purchasing a revenue property?
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A Home Equity Line of Credit (HELOC) could be the key to making those dreams a reality!

A HELOC is a line of credit that uses your home as security. It offers flexibility—you’re not required to withdraw the full amount immediately, and you only pay interest on what you use. Plus, as you pay down your mortgage, your HELOC limit can increase, giving you even more access to funds!
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Why consider a HELOC?
• Investing: Use your home equity to build an investment portfolio.
• Purchasing a Revenue Property: Finance the down payment on a rental property.
• Home Renovations: Easily finance those dream renovations with direct access to funds.

Your HELOC limit is 80% of your home’s value minus your current mortgage balance. That means you must have at least 20% equity in your home to qualify. HELOCs offer variable interest rates that fluctuate with the prime rate, making it a flexible option for savvy homeowners.

Ready to leverage your home’s equity for greater financial freedom? Contact us today to learn more about how a HELOC can work for you!

JD Meaney

Mortgage Agent Level 1

TCG Lending Centres

License Number: M2204648

email: [email protected] (mailto:[email protected]?subject=&body=)

cell: 647-206-1417

www.jd.tcglendingcentres.com ([link removed])

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Please send me an email if you would like to know more. (mailto:[email protected]?subject=Hi%20JD%2C%20I%20would%20be%20interested%20in%20knowing%20more%20about%20your%20mortgage%20services.&body=)
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