Home Equity Line of Credit

The Home Equity Line of Credit (HELOC) offers your clients a convenient way to unlock the equity that they've built up in their home and use those funds if and when they need them. The HELOC is a revolving line of credit that gives clients access to up to 65% of the appraised value of their home.



  • Revolving

Eligible properties

  • 1 - 4 units
  • New construction or existing properties
  • Owner occupied (primary residence)

Payment Frequencies

  • Monthly, interest only

Maximum amortization

  • Not applicable

Lending areas and loan amounts

Complementary solutions



Vacation/Secondary Home
Purchase Plus Improvements

credit guidelines

Max LTV: 65%

  •  >660 GDS/TDS: 35% / 42%
     >680 GDS/TDS: 39% / 44%
  • Borrower must qualify using greater of mortgage line of credit reference rate + 2% OR prescribed applicable rate for mortgage qualification, payment calculated using a 25 year amortization

value-added features,
options and Alternatives

Can be registered as a Homeowner's Kit when combined with a B2B Bank Standard Residential mortgage (purchase or refinance)

1The GDS/TDS ratios are calculated assuming 100% utilization of the line of credit using the 5-year Qualifying rate with a 25-year amortization. This product cannot be used in lieu of construction or bridge financing. All mortgages are funded by, registered in the name of, administered and serviced by B2B Bank. B2B BANK and BANKING THAT WORKS FOR BROKERS are registered trademarks of B2B Bank. HOMEOWNER'S KIT is a registered trademark of Laurentian Bank of Canada.