Mortgage Features

The MeritLine Home Equity Line of Credit allows you to use the equity in your home as security, so you can afford the things you’ve always wanted – home renovations, travel, education to name just a few.

MeritLine provides you with the security in knowing funds are available any time you need them with this reusable line of credit.

The interest rate is variable and may fluctuate with changes within the marketplace.

Additional Information

Payments are flexible with interest payable each month on the outstanding balance and you can pay back as much as you want towards the outstanding balance at any time without any prepayment penalties.