Dominion Lending Centres

Home Equity Loans: Get the Money You Need Faster and Easier Home equity loans are the most straightforward and most cost-effective energy to get sizeable sums of cash. The amount you can get will be determined by your home's value. It's a favourite option for people who already have an excellent first mortgage. Get the best home equity loan at Dominion Lending Centres. Up to 95% of the Value of Your Home You can apply for a home equity loan through one of our lending partners. You can borrow up to 95% of the home's estimated value and our financial partners will help you get the money you need. In Canada, most lenders can't give you a loan beyond 80% of your home equity, but our mortgage partners can lend you as much as you can afford. You can lock in as little as 2 weeks. Home Equity Loan if You Have a Mortgage Home equity loans are a lower-cost option for those who already have a mortgage. Home equity loans are temporary second mortgages that are second to the first mortgage, and they usually last for one to two years or until the first mortgage matures. Take a home equity loan to pay off all your mortgages. You Can Get a Home Equity Loan When Your Mortgage Expires We offer mortgage refinancing to our clients. When your existing mortgage term expires or matures, you can replace it with a new one. You can get as much as 80% of your home's value, and it's always less costly than a home equity loan. Usually at a lower interest rate. Refinancing is More Complex Compared with Home Equity Loans Refinancing is more complex than home equity loans because there aren't many environmental concerns. Contact us for a free estimate of your potential financing opportunities.