Home Equity Loans

As a homeowner, your home is your most valuable asset. With a Home Equity Loan from easyfinancial, you can use the equity in your home to help you get access to more money at lower rates. If you have been turned down by the bank, apply today and you could get approved in minutes for a home equity loan up to $50,000 with rates starting from 14.99%.

Loan details

Amounts from:

$15,000 - $50,000

Rates starting from:

14.99%

Terms from:

72-120 months

Not sure which loan to apply for?

See all of our loans to find the one that’s right for you.

Most commonly used for:

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Home Renovation

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Debt Consolidation

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Emergency Expenses

Benefits of a Home Equity Loan

Lower rates

By securing your loan with the equity in your home, you can access our lowest rates starting from 14.99%.

Higher loan amounts

Your home can help you get approved for our highest loan amounts up to $50,000.

Lower payment amounts

You have worked hard for your home, and with our Home Equity loans, you can benefit from lower payments than a personal loan.

Get approved

We offer fast approvals and by using the equity in your home, you can get the money you need quickly for home repairs, home renovations or emergency expenses.

Rebuild your credit

With every on-time payment, you are one step closer to rebuilding your credit and graduating back to bank rates.

Apply in 3 easy steps

1

Apply on the phone, online or at one of over 380 locations nationally

2

Submit your documents

3

Get your money as soon as today

Applying won’t affect your credit score.

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Value-Added Services

We understand that improving your financial future includes more than just accessing the loan you need today.

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Loan Protection

Plans

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Home & Auto

Benefit Plan

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Credit

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Free Financial

Education

Putting Canadians on a path to a better financial future

When banks aren’t an option, we can help you get approved for the loan you need today.

60%

of customers improve their credit score

60%

of customers improve their credit score

1in3

customers graduate to prime rates

1in3

customers graduate to prime rates

380+

locations in Canada

704K

customers served

94%

satisfaction rate

380+

locations in Canada

704K

customers served

94%

satisfaction rate

What people love about us

Have questions? We can help.

What is a home equity loan?

A home equity loan is a loan that is backed by the equity in your home. The equity in your home is the difference between the market price and how much you still owe on your existing mortgage. By taking a home equity loan, borrowers can access lower interest rates, lower payments, and more money.

Can I apply for both a personal loan and a home equity loan?

If you are a homeowner, you can apply for both loan products using our standard application form and then select the option that best meets your needs.

Can I apply for a home equity loan if I am NOT the owner of the house?

To be considered a homeowner, you or your spouse must be the registered owners of the home that you live in. To qualify for a home equity loan, you need to provide mortgage statements and property tax statements confirming homeownership. If you or your spouse are not the registered owners of the property, we will not be able to approve you for a home equity loan.

What documents are needed to get an approval for a home equity loan?

We require the following documents: 1. 2 most recent pay stubs 2. Last 90 days of banking information 3. 1 recent bill addressed to your current home 4. A piece of non-expired government photo ID 5. Most recent mortgage statements 6. Most recent property tax statement

What credit score do I need to get a loan?

At easyfinancial we look at much more than just your credit score and use many factors to approve applicants for a loan. In fact, we can even approve borrowers that have no credit history including students and new Canadians. Our ability to provide our customers with a loan is based on your unique credit and financial history so even if you have had past credit issues, we encourage you to apply.

Take control of your financial future

WHEN TO REVISIT YOUR

PERSONAL

FINANCE

GOALS

WHEN TO REVISIT YOUR PERSONAL FINANCE GOALS

Read more

Understanding

the cost of

borrowing

money

Understanding

the cost of

borrowing

money

Read more

The difference between a Hard vs. Soft credit inquiry

The difference between a Hard vs. Soft credit inquiry

Read more

Start your better tomorrow, today

Applying won’t affect your credit score.

WHEN TO REVISIT YOUR

PERSONAL

FINANCE

GOALS

WHEN TO REVISIT YOUR PERSONAL FINANCE GOALS

Read more

Understanding

the cost of

borrowing

money

Understanding

the cost of

borrowing

money

Read more

Start your better tomorrow, today

Applying won’t affect your credit score.

WHEN TO REVISIT YOUR

PERSONAL

FINANCE

GOALS

WHEN TO REVISIT YOUR PERSONAL FINANCE GOALS

Read more

Understanding

the cost of

borrowing

money

Understanding

the cost of

borrowing

money

Read more

Start your better tomorrow, today

Applying won’t affect your credit score.