Our Rates
Note: Rates are subject to change without notice.
| Rate | |
| Prime Rate | 2.45% |
| 1 Year Fixed | 3.04% |
| 3 Year Variable | 3.49% |
| 3 Year Fixed | 2.79% |
| 5 Year Variable | 3.6% |
| 5 Year Fixed | 2.64% |
TORONTO’S HOME EQUITY LOANS EXPERTS!
Looking for a Home Equity Loan, Home Equity Line of Credit (HELOC) or Second Mortgage in Toronto or the surrounding area? We have you covered!
Offering Ontario’s best rates and our famous 1 hr approvals. Most clients are funded in less than 7 days.
We also offers Private Mortgages, Bad Credit Mortgages, Mortgage Refinancing and more!
Serving Toronto, Mississauga, Brampton, Scarborough, Vaughan, Oakville, Hamilton and the entire Greater Toronto Area.
Apply now. It only take a minute!
Tap into your Home Equity and Save Today!
Home equity is a great asset to have. It is computed as the difference between the home’s market value and the sum the homeowner still owes. A large home equity is built over time as the homeowner is able to pay mortgage. It is largest when the homeowner is totally debt-free.
Like any other asset, you can tap your homes built up equity when in need. You can do this by getting a home equity loan or a HELOC. You can also use the equity you’ve built when you sell your current home to buy another one that’s better suited to your needs.
Another possibility is to use your home’s equity to fund your retirement by getting a reverse mortgage. This will allow you to use this built up equity like a savings fund. You get to stay in your home and not have to sell it.
The most popular way to do this is by applying for a HELOC or applying for a lump-sum home equity loan. Both have pros and cons and are good solutions for needing a large sum of accessible cash. What’s best for you will depend on several factors such as how much cash you need, your ability to pay, and for what purpose you’re taking the loan for.
Do you want to use your home equity but still unsure whether you want to apply for a HELOC or apply for a second mortgage? Speak with our professional mortgage brokers so they can help you determine which one would be a better way of using your home equity for you! Contact us today or visit our sister company Homebase Mortgages for the same great rates and service.
We Specialize in
Home Equity Loans
We offer Home Equity Loans in Toronto and all of Ontario.
With Toronto and the GTA’s housing market booming, now is the perfect time to tap into your homes equity for that long awaited home renovation, repairs, debt consolidation and more!
Home Equity Lines of Credit
We offer Home Equity Lines of Credit (HELOC) in Toronto and all of Ontario.
With Toronto and the GTA’s housing market booming, now is the perfect time to tap into your homes equity for that long awaited home renovation, repairs, debt consolidation and more!
Second Mortgages
We offer Second Mortgages in Toronto and all of Ontario.
With Toronto and the GTA’s housing market booming, now is the perfect time to tap into your homes equity for that long awaited home renovation, repairs, debt consolidation and more!
LEARN MORE
Private Mortgages
Looking for a Private Mortgage in Toronto?
Having a hard time getting a mortgage from the major banks? We can help! We offer private mortgages to homeowners and businesses utilizing one of Canada’s largest private funding networks. Contact us today for a free quote!
Mortgage Refinancing
Are you looking to Refinance your Mortgage?
Are you paying too much interest on your current mortgage and would like to refinance? We can help. Contact us today!
LEARN MORE
Bad Credit Loans
Do you have Bad Credit and are looking for a loan?
Do you have bad credit and finding it difficult to get a loan from the major banks? We can help!
What Our Clients Say About Us
Great experience!
★★★★★
“Danny was a huge help through our private mortgage application. He was very professional and knowledgeable, having answers to all of our questions. Everything was laid out for us right from the start, from the application through to receiving our funds. We were always given the pros and cons of each option before making a choice. Would recommend Danny to anyone looking for a private mortgage!”
- J Ferguson
Easy and Hassle Free
★★★★★
“Very professional staff. Got the money I needed in days by taking equity out of my home to pay off some debts. The process was easy and hassle free. Would recommend.”
- M Vargas
Best Home Equity Rates
★★★★★
“I dealt with Danny for my home equity loan. They offered me the best rate for my loan, so I went with them. Very pleased with the result.”
- G Segura
Fast Money for Emergency Repairs
★★★★★
“Needed funds to pay for emergency repairs to my homes foundation, which insurance would not cover. I had the funds in my account in less than a week and that saved my bacon! Thanks to everyone at Mortgage Central, especially Danny who walked me through the process and took ALL of my many calls.”
- R Tom
Great Rates!
★★★★★
“MY sister recommended you guys as I was getting charged 19.9% by my bank. You guys just saved me a ton of money. Thanks!”
- D Wolfe
Lowest Rates. Great Service.
★★★★★
“I had approached a few similar companies in the area before going with Mortgage Central. They came in with the lowest rates and fees for our home equity loan. Was a no brainier!”
- G Robertson
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Have a question?
Call us at 1-877-487-3343 or Contact Us.