Home Equity Line of Credit (HELOC)

Mortgage refinancing

Modification of an existing mortgage to change amount, term, rate, or lender. LTV capped at 80% since B-20 (2016).

Loan-to-Value (LTV) ratio

Percentage that the mortgage represents of the property value. Determines whether CMHC mortgage insurance is required.

First mortgage lien (first charge)

Mortgage registered first at the Land Registry, holding repayment priority over all other hypothecary claims in case of default or forced sale.

OSFI Guideline B-20

Office of the Superintendent of Financial Institutions directive governing mortgage underwriting practices of Canadian banks: stress test, LTV limits, qualification criteria.

Home equity extraction in Quebec: how much you can pull and what it really costs

How much equity can you pull out of a Quebec property? 80% LTV cap, notary costs, possible IRD penalty. Complete guide.

HELOC vs refinance vs readvanceable mortgage in Quebec: which one fits your situation?

HELOC, full refinance, or readvanceable mortgage? Three ways to tap into your home equity in Quebec. Costs, flexibility, and when each option actually works.

Refinancing for renovations in Quebec: how much to pull out, at what cost, when it makes sense

Refinancing to fund a kitchen, bathroom, or addition. Real cost ranges, LTV caps, and the alternatives worth comparing before you sign.

Mortgage refinance in Quebec: when is it actually worthwhile?

Refinancing to renovate, consolidate debt, or pull out equity means fees and a fresh qualification. Here is how to figure out whether the move pays off.

Consolidating debt through your mortgage in Quebec: when it works, when it traps you

Rolling cards and lines of credit into your mortgage cuts the monthly payment — but it stretches the debt and triggers a fresh deed. Here is how to keep it a win.