Discover the transformative potential of using your home’s equity with Desjardins Versatile Line of Credit. Tailor your finances to your life’s changing demands without compromising your budgetary comfort.
This financial tool is designed to adapt to your needs, offering a responsible way to manage large expenses.
About Desjardins
Desjardins, a leader in Canadian financial services, is renowned for its client-centered approach and extensive range of products, including savings, investments, and insurance.
With a solid reputation built on trust and reliability, Desjardins prioritizes providing solutions that fit its members’ various financial situations, making it an ideal choice for your HELOC needs.
Main characteristics of Desjardins Versatile Line of Credit
- Access up to 65% of your home’s appraised value
- Borrow with favourable variable rates
- Flexible repayment options
- Quick, easy access to funds
- Can be converted into a tied loan with fixed terms
Disadvantages
- Requires at least 20% equity in your home
- Limited to 65% of the property’s value for direct borrowing
Here is advice for you
Opting for a Desjardins Versatile Line of Credit could be the strategic financial decision that aligns with both your short-term and long-term financial goals.
It offers the flexibility needed to make large purchases or consolidate debt, while providing peace of mind with its structured yet adaptable repayment terms.
Requirements to apply for this loan
- Minimum 20% home equity
- Proof of income
- Additional documentation may be required based on specific financial circumstances
How to apply for the loan
- Check your eligibility and understand the terms on Desjardins’ official website.
- Gather necessary financial documents.
- Apply through the Desjardins AccèsD service online or schedule an appointment with a mortgage advisor.
- Get your property appraised.
- Receive approval and access your funds.
Apply for your Loan
Take charge of your financial future today! Utilize your home equity intelligently with Desjardins and fulfill those long-awaited dreams. Click below for more details and to start your application process.