from 179+ reviews on Google
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Our team helps you close quickly so you
We match you with the best lender for your situation and handle the paperwork. Approvals in as fast as 24 hours.
You can start saving and fund the goals we helped you work towards.can start saving and fund the goals we helped you work towards.
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Unlike a traditional loan, a HELOC lets you borrow, repay, and borrow again -like a credit card secured by your home equity.
Approved for $200K but only need $50K right now? You only pay interest on the $50K. Keep the rest available for when you need it.
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We shop across multiple lenders to find you the lowest HELOC rate available for your situation. Currently from prime + 0.50% - often lower than credit cards or personal loans.
Our licensed mortgage advisors walk you through every option, fee, and term -no jargon, no hidden surprises. Clear advice you can trust.
We streamline the application process and handle the paperwork so you can access your equity faster than going through a bank.
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Whether it's a kitchen remodel, consolidating high-interest debt, or covering tuition -a HELOC gives you flexible funding on your terms.
See how much you could save by consolidating high-interest debt with a home equity line of credit.
Credit Cards at 19.99%
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HELOC at 4.95%
*Example based on 4.95% variable rate (prime + 0.50%). Actual rates depend on your situation and lender. No refinancing required - your current mortgage stays in place.
Don't just take our word for it - hear from homeowners who've worked with our team.
From 4.9/5 from 179+ reviews on Google
A Home Equity Line of Credit (HELOC) is a revolving line of credit secured against the equity in your home. You can borrow up to a pre-approved limit, repay it, and borrow again — similar to a credit card but with much lower interest rates. You only pay interest on the amount you've actually withdrawn, not on the full approved limit.
In Canada, you can typically borrow up to 65% of your home's appraised value through a HELOC. When combined with your mortgage, the total can reach up to 80% of your home's value. For example, if your home is worth $800,000 and you owe $300,000 on your mortgage, you could potentially access up to $340,000 through a HELOC.
To qualify, you generally need: sufficient equity in your home (at least 20%), a reasonable credit score, proof of income, and the ability to make the interest payments. Even if you've been turned down by a bank, Lighthouse Lending works with multiple lenders including alternative and private options — so we can often find a solution.
Through Lighthouse Lending, many clients receive conditional approval within 24 hours. The full funding process typically takes 2-4 weeks depending on appraisal timelines and document verification. We handle the paperwork and lender coordination to keep things moving quickly.
It depends on your needs. A HELOC offers revolving access — borrow as needed and only pay interest on what you use. It's ideal for ongoing expenses like renovations. A home equity loan gives you a lump sum with fixed payments, which is better if you need a specific amount all at once. Our advisors can help you choose the right option.
