How Our Home Equity Line of Credit Work

LET YOUR EQUITY WORK FOR YOU

How it Works

If you are 55 years or older and live in the property you own then you are eligible to use the equity you have saved in your property.* For as long as you have lived in your home and paid your mortgage you have been building a nest egg for retirement. It’s YOUR SAVINGS PLAN and it’s yours to use TAX FREE. Let us show you how you can use up to 55% of the existing equity to help you live better and happier.

All we need to begin is the name, age and sex of the borrowers on title of the property, the property address, and any amount owing against the property and we can instantly estimate how much you can use to improve your quality of life.

Simply complete the application on our Apply Page and we will respond quickly and discuss how a Silverline home equity credit line can make life better for you.

* As long as you keep your property in good maintenance, pay your property taxes and property insurance, and your property is not in default

Take Control of Your Debt

Those aged 55+ have debt to income ratios that are some of the highest in the country and these debts continue to rise as most have no way to address increases in their cost of living expenses. Relief can come in the form of debt payout for all loans, credit cards and other debts accumulated by using the equity saved up in your home. With all debts paid off and no monthly mortgage payments* there is more available cash flow to simply live better with less financial stress and enjoy your retirement.

Let us show you how

*No payments are required to service the mortgage debt until you leave your home

Live Comfortably with Better Cash Flow

Maybe it’s a cruise you have put off for years. Maybe it’s time you want to spend in the warm sun during Canada’s winter months. Maybe its just as simple as enjoying your time together and with family. Each day should be cherished and spent with a greater amount of financial freedom. We can show you how unlocking the equity in your home can help you live closer to the life style you want. Your equity takeout is tax free and will not impact any of your current pensions or government supplements you currently receive. You will not be asked to make a monthly payment until you no longer live in your home.

Let us show you how

Live Comfortably with Better Cash Flow

Let us show you how

High Medical Expenses Can be a Challenge

The cost of health care for all Canadians is on the rise. Our government’s health care programs are overstressed and more of the cost burden is being placed on the average Canadian. This is more dramatic for 55+ individuals who are trying to deal with under-funded drug plans, increased visits to a specialist, personal support worker costs and medical equipment costs. More of these costs are being pushed onto those who need more care and struggle to simply feel better. We can help you increase your monthly income to help pay for rising medical costs and help you get the care you deserve.

Let us show you how

Live a better retirement, tap into your equity.

Get Your Free Estimate