This hub covers changing or borrowing against the mortgage you already have: refinancing, home equity lines of credit (HELOCs), home equity loans and second mortgages, breaking a mortgage early and what it costs, paying it off faster and discharging it, bridge financing, and paying for a renovation. Each guide owns one topic and lists its sources; the limits and penalty rules come from the Bank Act, OSFI, the Financial Consumer Agency of Canada (FCAC) and each lender’s own disclosures.
Renewing at the end of your term is covered in the mortgage renewal guides; borrowing against your home to invest is covered in using home equity for investment.
Refinancing
- How to refinance your mortgage: the steps, how much you can borrow, qualifying and costs.
Borrowing against your home
- HELOC
- Home equity loans
- Readvanceable mortgages
- Reverse mortgages
- Secondary suite incentives and financing
Breaking your mortgage
Paying off your mortgage
Bridge and renovation financing
Related pages
Browse All Mortgage Refinancing and Home Equity in Canada: Guides and Calculators Articles
Browse all 5 articles in this section.