Borrow What You Need, When You Need It, A HELOC Built for Flexibility and Savings.
Borrow What You Need, When You Need It, A HELOC Built for Flexibility and Savings.
A home equity line of credit in Ontario gives you ongoing access to the value you’ve built in your home. Instead of receiving a lump sum like a loan, a HELOC works like a revolving credit line, borrow, repay, and borrow again as needed. Whether you’re planning renovations, covering tuition, or handling unexpected expenses, we help you turn your equity into a flexible financial solution.
Use Funds Your Way
Renovations, education, emergency expenses, your HELOC is ready when you are.
Quick Access to Funds
Get approved for a home equity loan and receive your funds fast
Financial Flexibility
Repay and re-borrow anytime, giving you the freedom to manage money on your terms.
How Does a Home Equity Loan Work in Ontario
Apply Online
Most home equity loans are approved in as little as 24 hours.
Get Approved
Complete our easy application and start unlocking your home equity in Ontario.
Receive Funds
Access your money quickly after your Ontario home equity loan is approved.
Home Equity Loan Ontario, Why Choose Burke Financial
When it comes to accessing a home equity line of credit in Ontario, choosing the right lender makes all the difference. A HELOC provides flexibility and convenience, but not every lender makes it easy to qualify.
At Burke Financial, we specialize in helping Ontario homeowners unlock equity with flexible solutions that fit their needs. Unlike traditional banks that may require perfect credit or lengthy income proof, we work with a wide network of alternative lenders. That means faster approvals, fewer roadblocks, and access to funds when you need them most.
Frequently Asked Questions
A home equity line of credit (HELOC) lets Ontario homeowners borrow against their home’s equity as a revolving credit line. Unlike a fixed loan, you can borrow, repay, and borrow again, making it flexible for ongoing expenses. Read more here.
Most lenders allow you to borrow up to 65% of your home’s value with a HELOC, or up to 80% when combined with your mortgage. The exact amount depends on your home’s appraised value and mortgage balance.
Ontario homeowners commonly use a home equity line of credit for: Renovations or repairs, Education costs, Emergency expenses consolidation at lower rates
Banks usually require strong credit and income proof. At Burke Financial, we work with alternative lenders who can approve homeowners based on equity, even if credit isn’t perfect.
A HELOC gives flexible access to funds, with variable interest and payments that change depending on how much you use.
A home equity loan gives a one-time lump sum with fixed payments.
At Burke Financial, we help you choose the right option for your needs.
