Private HELOCs from 7.75% for Burlington properties. Built for established families, business owners, and the steady stream of GTA migrants who chose Burlington for its quality of life.
Burlington occupies a unique spot in the GTA market. Lakefront properties, established neighborhoods like Roseland and Aldershot, and the strong commuter pull from both Toronto and Hamilton have created a homeowner base that's wealthier and more long-tenured than most GTA-edge cities. Average detached home prices typically run $1.1M-1.4M, with lakefront and Roseland properties commanding $2M+.
Burlington's market has been more stable than most of the GTA through the recent correction — CMHC has specifically called out Burlington as expected to outperform other Halton markets due to commute advantages. Many long-time homeowners hold $400,000-800,000+ in real equity.
The Burlington private HELOC profile leans toward established professional households, business owners, and pre-retirement equity unlocks. The use cases tend to be larger and more strategic — substantial renovations, investment property portfolios, business expansion, helping adult children buy.
Two-income professional households with significant equity but bank-unfriendly compensation structures (RSUs, bonuses, partner distributions). HELOC unlocks the equity without the bank documentation gauntlet.
Burlington renovations frequently exceed $200,000 — full kitchens, additions, primary suite additions, pool installations. HELOC funds the work as a single line, draws as needed.
Your kids are buying their first home in Burlington, Hamilton, or further west. HELOC funds the down payment as gift or family loan.
Hamilton, Niagara, or further afield — Burlington homeowners are active investors in surrounding markets. HELOC funds the next acquisition cleanly.
Muskoka, Bruce Peninsula, Niagara wine country — recreational property markets within driving distance. HELOC funds the purchase outright or with strong down payment.
Approaching retirement, planning to downsize but not for several years. HELOC bridges short-term capital needs without disrupting the long-term plan.
A professional couple in Roseland owns a detached home worth $1.55M with a $385,000 first mortgage. They want to access $300,000 for two purposes: $200,000 for a substantial kitchen/primary suite renovation, and $100,000 to fund their daughter's down payment on her first condo in Hamilton. A second-position private HELOC at $300,000 puts combined LTV at 44%. Rate band: 10.50-11.25%. Interest-only payments on $300,000: approximately $2,625-2,815/month. They plan to refinance to a bank product within 18 months once the renovation is complete and re-appraised. Time to funded: typically 10-14 days.
Roseland, Aldershot, Downtown Burlington, Tyandaga, LaSalle, Brant Hills, Headon Forest, Millcroft, Alton, Orchard, Tansley, Mountainside, Palmer, Dynes, Pinedale, Elizabeth Gardens, Shoreacres, Appleby.
Detached, semi-detached, townhouse, and most condos qualify. Rental properties qualify with a 0.25% rate premium. Properties in surrounding rural and edge communities considered case-by-case.
If your bank will give you the line you need at their rate, take it — bank HELOCs are cheaper. We help when the bank says no, when the bank says "yes but for less than you need," when you can't wait the 6-8 weeks bank approvals are now taking, or when your situation is too complex for an algorithm to underwrite.
For most clients, a private HELOC is a bridge — 12 to 24 months to get refinanced back to a bank product once income, credit, or property situation has stabilized. The fully open structure means there's no penalty when that time comes.
Tell us about your property and your situation. We'll come back within one business day with whether this fits, what rate band you'd be in, and what the next step looks like.
If it's not a fit, we'll tell you that too — and where else to look.
We'll review your file and come back within one business day. Check your email (including spam) for our reply.