HELOC Mortgage Rate

Company Name Mortgage Outlet 

Rate 7.70%
Term 5 Years
Type HELOC
Max Amortization Term 25
Lump Sum Payments 100
Prepayment 100
Rate Hold

Incentives HELOC Open rate is based on prime +.50% (current prime rates is 7.20%)

Comments HELOC Open rate is a revolving source of funds that you can access as you choose. Borrow up to 65% of your home value, but your mortgage balance plus your HELOC limit can’t exceed 80% of your home appraised value. Have questions? We are here to help. (HELOC Rates fluctuate in according to market conditions. Live deals only. All offers are subject to lender qualifying criteria and E.&O.E.)

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About Mortgage Outlet – HELOC

This offer is brought to you by Mahmoud Hamdan (aka Mike) Licensed Mortgage Agent level 2. FSRA Lic # M09002218 since 2009. Brokerage: Mortgage Outlet Inc FSRA #12628. He has proven track record and many happy clients. You can depend on Mike to lead you step by step through the mortgage process, work tirelessly to find you the best mortgage rate possible and show you the best financing options when it’s time to take a new mortgage, renew, refinance or add a home equity line of credit down the road. Mike can be reached at (416) 524-7471. Check out his online profile at: https://mortgageoutlet.ca/mike-hamdan.