TD CANADA TRUST HOME EQUITY LINE OF CREDIT
In joint venture with DHS Health Care Service and TD Canada Trust
Enjoy the rewards of the investment you have made in your home. This is the financing that can help you remain at home, The TD Home Equity Line of Credit.
Benefits
- No Monthly Fees or Service Charges
- No Age Restrictions
- The Property Remains in your name.
- You control how much you need and when you need it.
- Interest only monthly payment.
How It Works
- We can qualify you to use up to 75 % of the equity in your home.
- For example a home valued at $150,000: $150,000 X 75% = $100,000
- 75% of your home equity available to you in a line of credit
If you require $1,000 ($12,000 annually) for homecare or personal use, your monthly payment could be a little as $55 monthly.
Fees
- The Legal cost for setup is $440 paid after the line of credit is in place.
- We prepare the legal documents and will meet with you in your home or at the bank
- We are offering a Free Home Appraisal valued at $230 (to determine your property value) Should you qualify with our Branch.
For more information or to apply today contact Cathy Coxhead at 905-576-6281 (236) at our Transit # 3184 King and Simcoe Branch. Website (www.tdcanadatrust.com/lending/index.jsp)
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