find us on facebook leave us a review | google +
Home Equity Loans St. John's

Reliable Home Equity Loans, and Lines of Credit, in St. John's

Are you looking to consolidate debt or find the money to pay for unexpected expenses in Newfoundland and Labrador? Have you ever considered using the equity in your home? At The Mortgage Centre, in St. John’s, we offer home equity loans to help you finance major expenses.

Our Home Equity Loan Service
What is a home equity loan? It's reliable. Secured by your home, a home equity loan allows you to access a portion of your home's value for monthly payments and a fixed interest rate.

How can you use the funds from a home equity loan? Any way you see fit. Whether you want to repair and remodel your home, buy a car, pay for education, consolidate debt, or fulfill your dreams and travel, the equity in your home can be used for any purchase or expense.

Why use the equity in your home? It's convenient. If you are approved for a home equity loan, or home equity line of credit, you can access funds through direct payment purchases using a debit card, cheque or cash withdrawal. Equity loans enable you to have financial freedom–you will only pay principal and interest on the funds you use.

Other potential advantages to using the equity in your home include:

  • Lower monthly payments - interest rates on home equity loans are usually lower than personal loans or credit cards.
  • Tax benefits - the interest on your loan may be tax deductible.

Our Advantage
Why use our expertise when taking out a home equity loan or home equity line of credit in St. John's? The Mortgage Centre team places you and your financial success as our priority. Our accredited staff wants you to be educated and empowered – we will assist you through the entire process as we answer any questions and address all concerns.

Take advantage of our flexible and extended hours – contact us today to learn more. With years of experience, you can trust The Mortgage Centre to help you use the equity in your home to secure a line of credit in Newfoundland and Labrador.