Home Equity Loan
Alpine Credits is the leading provider of home equity loans in Canada, offering flexible and reliable financing solutions to meet the diverse needs of homeowners.
How to get a home equity loan
Complete an online application
Fill out the form with the right information: no obligation or impact on your credit score.
Speak with a Financial Solutions Specialist
A specialist will contact you to provide support, answer your questions and provide more information.
Get approved and receive funds
With at least 25% equity ownership in your home, you can get approved and receive funds within a few days.
What is home equity loans in Canada?
Home equity financing gives you an upfront lump sum that you can repay in fixed payments. It is a great way to tap into the stored economic value in your home.
Loans typically come at a lower interest rate than unsecured personal loans and can be used for purposes such as consolidating debt, renovating a home, and other expenses.
To unlock the financial value in your home, you can take out some cash from your home in the form of a home equity loan. If you have owned your home for a few years or more, chances are that you have built up some equity, which can help you immensely.
Use cases for consolidation loans
Consolidate debt
- Use a home equity loan to combine multiple high-interest debts (like credit cards or personal loans) into one lower-interest loan, simplifying payments and reducing overall interest costs.
Fund home renovations
- Tap into your home’s equity to finance home improvements or renovations, which can increase the value of your property over time.
Lower monthly payments
- By consolidating debt or accessing a larger loan at a lower interest rate, you can reduce your monthly payment burden and improve cash flow.
Benefits of home equity loans
Here are some of the perks home equity borrowers enjoy in Canada.
Build your credit score
You can use the loan to consolidate debt and get your finances back on track. Since interest rates are relatively low, Canadians obtain this type of loan to pay off all other loans to streamline monthly payments.
Have more flexibility
It can be used for several purposes to achieve your financial goals.
Lower interest rate
Unsecured loan options tend to have a higher interest rate since they might provide the loans based on an applicant’s credit history. Home equity loans are different – they are secured against your home, which means they have interests comparatively less than unsecured loans like credit card debts.
Why choose Instant Bridge Financial
Simple qualifying criteria
Instant Bridge Credits focuses primarily on home equity value, and less on credit score or income status.
Quick approval and funding
Alpine Credits reviews your application significantly faster than traditional banks and lenders. Get your funds deposited in less than a week.
Personalized support
Alpine Credits has a team of Financial Solutions Specialists to help you and answer any of your questions.