- Ontario Home Equity Line of Credit
Get a HELOC
Without Leaving Home
- Apply online or via phone/text, get funded within 7 days
- Access $50k-$750k Line of Credit
- Access up to 80% of the property value
- Get your free credit score, property value, and rate
Get Pre-Approved
Pre-approved in 15 minutes, funding within 10-14 days
Simple Online Application
See your available equity and rates in minutes!
Call/Text Your Advisor Directly
Our expert advisor will walk you through the entire process.
Funding Within 7 Days
Receive your funds directly in your account.
No minimum credit requirement
We get you approved based on your homes equity not your credit.
Trusted financial institutions we work with:
Home Equity Calculator
Why Work With Us
Low Rates
Rates start as low as 5.45%
Fast Service
We pride ourselves on quick, easy & honest service. Our clients always come first.
Bad Credit
We specialize in dealing with bad credit & bank declines. We turn a “no” into a “YES!”
Easy Application
No credit checks. No complicated application and no income required!
Why Our Team Is Your Best Choice
Professionalism and Expertise
Our mortgage specialists have over 50 years of combined experience
Efficient and Quick Approvals
We help you get the funds you need faster
Friendly and Accessible Support
Our advisors provide a personalized service, treating you like a friend
Why use Advance Mortgage
to access your home equity?
- Get the money you need fast
- Credit score doesn’t matter as long as you have equity in your home!
- Rebuild your credit score with us
- Consolidate your monthly payments on other debts using the equity in your home
- Pay for renovations, debts, vacations, expenses, bills using the equity in your home and not your expensive credit cards
What can I use a home
equity line of credit for?
- Pay off credit cards
- Renovation
- Family member in need
- Debt consolidation
- Tax debt
- Vacation
- Invesment
Or Call Us:
(647) 956-4660
How it works
Apply
Begin a simple online process in minutes
Connect
Your dedicated advisor will reach out via phone or text to discuss your next steps
Get Approved
Get your final approval
Get Your Funds
Your funds will be deposited into your account!
Boost Your Credit Score
Improved Credit Score in 60 Days
Public Records Removal Process
Qualify for a Better Mortgage
FAQs
Depending on your borrowing needs, here are some options you can use home equity loan for:
What is HELOC?
HELOC is a form of borrowing that is secured by the equity you have in your home.
How do I qualify for HELOC?
Lenders typically assess the worth of a property and any outstanding liens or mortgages to determine eligibility for a home equity loan. For the most attractive offers, borrowers may also need to submit supplementary documentation to confirm their credit history and income. It’s crucial to review the specific criteria of each lender and gather all relevant details before applying.
Can I get a HELOC with bad credit or no income?
Yes, you can. Lenders would also take into account additional factors such as the property’s condition, the amount of equity that can be accessed, and most significantly, the client’s circumstances.
What is the interest rate for HELOC?
Depending on the case, the interest rate for HELOC is determined based on several different factors, including the property’s location and condition, the amount of equity available, and the borrower’s creditworthiness. Typically, HELOC interest rates are more attractive than those for personal loans or credit cards.
How long does the process take to get a HELOC?
Our funding process is designed to align with our client’s pace. Oftentimes, funding can be processed within 5 to 8 business days once all the necessary paperwork is completed. However, we understand that some situations require urgent attention, such as halting a Power of Sale. With our efficient process, we have successfully closed such deals in as quickly as 4 days.
Does my wife or husband need to know or consent?
Unless the property has never been a matrimonial home, spousal consent is mandatory. Specifically, all parties listed on the title of the property must provide their consent to proceed with the transaction.
How does debt consolidation work?
If you are struggling with high-interest credit card debt, debt consolidation can be an effective solution. It involves combining all your debts into one loan with a lower interest rate, which can ultimately help reduce your monthly payments and make it easier to pay off your debt over time. The ultimate goal is to increase your cash flow and help you become debt-free.
When the Banks Won't
Approve You, We Will.
Our home loans are based on your home's equity, not your income or credit score.
We offer a range of flexible financing solutions tailored to your needs, ensuring you find the perfect fit for your mortgage.
© 2025 Advance Mortgage. All rights reserved.
Services
Contacts
- (647) 371-5384
- info@advancemortgages.ca
- 1275 Finch Ave W, North York, ON. M3J 2G5 Unit 404