You benefit from a mortgage loan.
You wish to borrow the sums you have already reimbursed to finance various projects.
You would like to have the flexibility to use this option as often as you like, for any type of project, without legal fees.

Outlines

Interest rate: Equal to your current mortgage rate

Maximum amount available: The amount you have paid back on your mortgage

Repayment: One periodic payment

Features


Interest rate	Equal to your current mortgage rate (lower than the rate on a personal loan or line of credit)
Maximum amount available	The amount you have paid back on your mortgage, up to the initial loan amount
Repayment	You only have to make one periodic payment because it is combined with your mortgage payment
Possible uses	Purchase a car Renovate your home Pay tuition fees Take a vacation Make RRSP contributions Purchase unused contribution room RRSPs

More information

This option is not included in your mortgage?

If this option is not included in your mortgage, you can obtain it when you refinance your home.

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