Home Equity Loan
How can your home equity provide the lump-sum funding you need?
Do you need a significant amount of cash for renovations, investments, or debt consolidation? Worried that rising interest rates could make borrowing unpredictable? With a lump-sum home equity mortgage, you can access your home’s equity all at once, with fixed monthly payments you can rely on.
A Home Equity Loan provides stability, predictability, and access to your home’s value — all without affecting your low-rate primary mortgage. At Sunlite Mortgage, we help homeowners leverage their equity to create opportunities, with strategies focused on long-term financial security.
Ready to unlock your equity? Book a Free Consultation today and explore your options.
What Is a Home Equity Loan?
A Home Equity Loan is a lump-sum loan secured by your home’s equity. Unlike a HELOC (Home Equity Line of Credit), which offers revolving access to funds, a Home Equity Loan provides a one-time advance with a fixed interest rate and predictable monthly payments.
This structure is ideal if you:
- Know exactly how much you need upfront.
- Prefer stability with predictable monthly payments.
- Want to avoid refinancing or altering your existing low-rate first mortgage.
How Does a Home Equity Loan Work in Canada?
Here’s how the process works with Sunlite Mortgage:
Appraisal → A certified appraiser determines your home’s current market value.
Equity Calculation → Most lenders allow borrowing up to 80% of your home’s appraised value (including your existing mortgage).
Funding → The difference between that amount and your current mortgage balance is provided as a lump-sum loan.
Repayment → You make fixed monthly payments until the loan is fully repaid.
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Ready to Get Started?
Embark on your mortgae journey today. Let us guide you through tailored solutions and expert advice, ensuring you secure the perfect mortgage for your needs.
Simplifying the mortgage process and empowering you with smart choices.
Our mission is to demystify the mortgage journey, making it accessible and clear. We empower you with informed decisions, ensuring you make the smartest choices for your future.
Experience
With [8 years] of hands-on experience in the mortgage industry, successfully navigate the home financing process with confidence. From first-time buyers to seasoned investors, we bring deep market knowledge and reliable guidance at every stage of the mortgage journey.
Client-Centric Approach
We’ve proudly supported 100+ by simplifying the mortgage process, offering tailored financing solutions, and providing clear, transparent guidance at every step. Our focus is always on building long-term trust and delivering a smooth client experience
Proven Results
Our track record of securing over $540 million in financing speaks to our commitment to empowering clients with smart choices for their home financing needs.
Let's Start Your Journey
Ready to take the first step towards your mortgage goals? Reach out to us by filling out the form below, and our experts will be in touch to discuss your personalized mortgage needs.
