Home Equity Line of Credit
Flexible Access to Equity
A Home Equity Line of Credit (HELOC) gives Ontario homeowners revolving access to their home equity - borrow what you need, when you need it, and only pay interest on what you use. Lez Gomez arranges competitive HELOCs from 50+ lenders across Toronto, Mississauga, Hamilton, Ottawa, and all Ontario communities.
Benefits of Working With Us
Lez Gomez provides expert mortgage solutions tailored to your unique situation across Ontario.
Revolving Credit Line
Unlike a mortgage, a HELOC lets you borrow, repay, and borrow again. Lez Gomez arranges HELOCs for Ontario homeowners in Toronto, Mississauga, Hamilton, and province-wide providing flexible access to equity whenever you need it.
Interest Only Payments
HELOCs typically require interest-only payments on the amount drawn, keeping your monthly payments low. Lez Gomez helps Ontario homeowners understand and leverage this flexibility from Brampton to Barrie and beyond.
Competitive Rates
HELOC rates are typically prime + 0.5-1.0%. Lez Gomez negotiates the best HELOC rates from 50+ lenders for Ontario homeowners in Vaughan, Oakville, Kitchener, Ottawa, and across the province.
Readvanceable Mortgages
Combine your mortgage and HELOC in one product that automatically increases your available credit as you pay down principal. Lez Gomez sets up readvanceable mortgages for Ontario homeowners to maximize long-term flexibility.
Secured Low Rate
Because HELOCs are secured by your Ontario property, rates are significantly lower than unsecured credit lines, personal loans, or credit cards. Lez Gomez ensures you get the most competitive secured rate available.
Smart Equity Management
Lez Gomez helps Ontario homeowners use their HELOC strategically - for renovations that increase property value, investment leveraging, emergency funds, or bridging cash flow gaps in business.
Your Path to Approval
Lez Gomez makes the mortgage process seamless from application to closing.
Equity Review
Call Lez Gomez at 416-723-1313. We estimate your Ontario property's equity and determine the maximum HELOC amount available based on your LTV and existing mortgage.
Rate Shopping
Lez Gomez compares HELOC offers from 50+ lenders to find the lowest rate and best terms. We present you with options from major banks, credit unions, and alternative lenders across Ontario.
Application & Approval
We handle the full application process including documentation, appraisal coordination, and lender communication. Lez Gomez manages everything for Ontario HELOC applicants.
Access Your Funds
Once approved and registered, your HELOC is available immediately. Draw funds when needed through cheques, transfers, or a dedicated card. Lez Gomez ensures seamless access across Ontario.
Do You Qualify?
Lez Gomez works with 50+ lenders across Ontario to find solutions even when banks say no. Here are the typical requirements:
Own a home in Ontario with at least 20% equity
Standalone HELOC up to 65% LTV, combined with mortgage up to 80% LTV
Good credit score (680+ for best rates, Lez Gomez has options for 600+)
Stable income to support interest payments at the qualifying rate
Property appraisal may be required depending on the lender
Both owner-occupied and rental properties may qualify
All Ontario communities served by Lez Gomez
Self-employed income accepted with proper documentation
Ready to Get Started?
Speak with Lez Gomez today for a free consultation and personalized mortgage solution.
Common Questions
What is the difference between a HELOC and a second mortgage?
What are current HELOC rates in Ontario?
How much can I borrow with a HELOC in Ontario?
Can I use a HELOC for investment purposes?
Do I need to use the full HELOC amount?
Lez Gomez: Ontario's HELOC and Home Equity Expert
Lez Gomez provides expert Home Equity Line of Credit (HELOC) services across every Ontario community. As a FSRA-licensed mortgage agent with 15+ years of experience and access to 50+ lenders, Lez Gomez helps homeowners in Toronto, Mississauga, Brampton, Vaughan, Richmond Hill, Markham, Oakville, Burlington, Hamilton, and across the province access their home equity through flexible revolving credit. Our HELOC solutions include standalone HELOCs, readvanceable mortgages, and combined mortgage-HELOC products from major banks, credit unions, and alternative lenders offering the most competitive rates in Ontario.
A HELOC is one of the most powerful financial tools available to Ontario homeowners. It provides emergency funding access, renovation financing, investment capital, business cash flow support, and debt consolidation flexibility - all at rates far below unsecured borrowing. Lez Gomez arranges HELOCs for homeowners across Ontario including Ajax, Pickering, Whitby, Oshawa, Newmarket, Aurora, Barrie, Orillia, Collingwood, Kitchener, Waterloo, Cambridge, Guelph, London, Kingston, Ottawa, Peterborough, Brantford, St. Catharines, Niagara Falls, Sudbury, Thunder Bay, and every community in the province. Whether you want to leverage the Smith Manoeuvre for tax-efficient investing or simply want a financial safety net, Lez Gomez ensures you get the best HELOC terms available. Call 416-723-1313.
Lez Gomez Serves All of Ontario
As a licensed Ontario mortgage agent, Lez Gomez provides home equity line of credit services across every city and town in the province:
Greater Toronto Area
Hamilton, Niagara & Southwestern Ontario
Eastern Ontario
Central & Northern Ontario
All Other Ontario Communities
Other Mortgage Solutions by Lez Gomez
Ready to Secure Your Mortgage?
Lez Gomez is ready to help you find the perfect mortgage solution. Get a free consultation today.