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Apply online
Tell us about your property, current mortgage, and borrowing goals.
Home equity loan Ontario
Unlock up to 85% of your home’s value.Even with credit challenges.
A home equity loan provides a fixed amount with predictable repayment—designed for Ontario homeowners who want clarity and structure.
- ✓ One-time lump-sum funding
- ✓ Predictable repayment structure
- ✓ Ontario lending specialists
24 HRSome applications may be reviewed or approved in as little as 24 hours.
Simple from the start
How a home equity loan works in Ontario.
Our team helps you understand the available amount, rate, costs, and repayment terms.
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Get approved
We assess the application and compare suitable lender options.
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Receive your funds
Access the approved lump sum and move forward with your financial plan.
Meet your team
Our award-winning team.Here every step of the way.
AWARD-WINNING EXPERTISE
Expert guidance for Ontario homeowners
CMP Top 75 Broker 2026
John Burke was recognized among Canada's leading mortgage brokers.
Top Choice Award
Recognized for trusted service and mortgage brokerage excellence.
Consumer Choice Award
Recognized for mortgage brokerage service and expertise.
Potential access up to 85%
Turn your available equity into one practical solution.
Receive the approved funds upfront for a known expense or a clear financial goal.
What lenders review
Qualification considers more than your home value.
Approval and available loan amounts depend on the complete application and the selected lender’s requirements.
- Property value and equity
- Existing mortgage balance
- Income and affordability
- Credit and payment history
Use it your way
One loan. Many possible priorities.
A home equity loan can support planned projects, urgent needs, and financial restructuring.
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Debt consolidation
Combine eligible higher-interest balances into one structured payment.
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Home renovations
Fund a major renovation or property improvement with one upfront amount.
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Emergency expenses
Address urgent home, medical, legal, or family-related costs.
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Education costs
Cover tuition and other significant education-related expenses.
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Mortgage arrears
Explore options for resolving arrears before the situation becomes more serious.
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Investment opportunities
Access capital for a suitable opportunity, subject to professional advice.
Clear answers
Understand your home equity loan before you borrow.
A Burke specialist can explain the loan amount, rate, fees, repayment terms, and available alternatives.
Book Free Consultation →What is a home equity loan?+
A home equity loan is financing secured against the available equity in your property. The approved amount is generally provided as one lump sum with an agreed repayment structure.
How much could I qualify for?+
The amount depends on the appraised property value, existing mortgage balance, income, credit profile, and lender requirements. Some situations may allow total borrowing up to 80–85% of the property value, less existing secured debt.
Do I need good credit to qualify?+
Not necessarily. Available equity, income, property details, and the full application are also considered. Burke works with traditional and alternative lending options.
How can I use the funds?+
Common uses include debt consolidation, renovations, education, urgent expenses, mortgage arrears, and suitable investment opportunities.
How quickly can funding be arranged?+
Timing depends on the property, documentation, appraisal, and lender. Some applications may receive a decision in as little as 24 hours.
How is this different from a HELOC?+
A home equity loan provides one lump sum with structured repayment. A HELOC provides revolving access, allowing you to borrow, repay, and potentially borrow again.
Put your home equity to work.
Start online or speak with an Ontario home equity loan specialist.
