CMLS’s Home Line HELOC (Home Equity Line of Credit) is a flexible borrowing program that allows you to leverage your home to access additional funds. Whether for investment or educational purposes, renovation or entrepreneurship, you have a new avenue through which to achieve your long-term goals. With CMLS’s Home Line, it is available when and how you need it.
With a simple application and you can access all the benefits and opportunities that come with CMLS’s HELOC program. Since you can borrow up to 80% of the value of your home, there is plenty of options you can use your approved borrowing limit towards.
Invest in Property
Use your home’s equity to fund a vacation home.
Renovation
Tap into existing equity to increase your home’s value.
Consolidate Debt
Consolidate or restructure debt at a lower interest rate.
For Education
Whether for you or your children.
Plan Retirement
Invest in yourself and your future plans.
Start a Business
Channel the equity into starting up a new enterprise.
CMLS will use its Prime Underwriting Guidelines to determine the eligibility for HELOC applications. For product terms, guidelines and eligibility requirements, please contact your broker today.
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