A: You currently have a recognized P. Eng designation.
Q: What kind of a rate can I get?
A: Prime +.25%.
Q: How much can I get?
A: Up to 65% of the property value.
Q: Can I get it on a rental property?
A: No, it’s only on your primary residence.
Q: What if I currently have a mortgage on it?
A: No problem, we simply pay it out with the new Home Equity Line of Credit and if you would still like a mortgage in addition, we can go up to 80% of the overall property value for both combined.