Private home equity lines from 7.75% for Toronto properties. Up to 75% LTV on first position, 70% on second. Fully open, interest-only payments, funded in 7 to 14 days.
Most long-time Toronto homeowners are sitting on more equity than they realize — even after the market softening of the past 18 months. The average detached home in the City of Toronto is currently around $1.55M, with established neighborhoods regularly above $2M. Prices have eased 6-9% year-over-year in early 2026, but homeowners who bought before 2018 are still sitting on $400,000 to $1M+ in real equity.
The problem isn't equity. The problem is access.
Toronto's largest banks have spent the last two years quietly tightening HELOC qualification. Stress-test rates, debt-service ratios, and condo-specific overlays have shut out borrowers who would have qualified easily five years ago — even with strong income and clean credit. For self-employed Torontonians, the picture is harder still: the same write-offs that minimize your tax bill make you look unfundable to a bank underwriter reading line 150.
A private HELOC works differently. We underwrite primarily on the equity itself and the exit strategy — not your debt-service ratios. The rate is higher than a bank, but it's the difference between accessing your equity now versus waiting two years for your tax returns and credit profile to look right on paper.
Your bank quietly reduced your HELOC limit at renewal. You've been carrying a balance, payments are fine, but suddenly there's no room left to draw. A second-position private HELOC behind your existing first mortgage gives you back the access without forcing a full refinance.
You bought a condo pre-construction in 2021 at peak pricing. It's now appraising 15-20% below contract. The bank won't fund the gap. A short-term private HELOC against another property closes the deal until you can refinance or rent it out at stabilized rates.
You write off everything legitimately. Your accountant did her job. Now the bank says you don't qualify for $200,000 against $1.4M in equity. We don't underwrite on line 150. We underwrite on the property and the exit.
Post-2024 rule changes made it materially harder to refinance investment properties at A-lender rates. A private HELOC against your principal residence funds the next down payment without touching the investment file.
A growing balance owed to CRA becomes a lien on title once it crosses certain thresholds. Settling it before that happens protects your credit and your ability to refinance later. Speed matters.
Separation agreements often require one spouse to buy the other out of the family home. A private HELOC funds the buyout without forcing a sale and without disrupting the kids' lives.
A homeowner in East York owns a semi-detached worth $1.1M with a $420,000 first mortgage outstanding (a 38% LTV first). They want to access $200,000 to consolidate $80,000 in credit card debt, pay a $40,000 CRA balance, and renovate the basement for a rental unit. A second-position private HELOC at $200,000 puts the combined LTV at 56% — well within our box. Rate band would be approximately 10.50-11.50%. Interest-only payments on a $200,000 balance: about $1,800-1,920/month. Compared to the credit card minimums alone (~$2,400/month at 21% interest going almost entirely to interest), this is cash flow positive from day one — before factoring in the rental income from the renovated basement. Time from application to funded: typically 10-14 days.
Old Toronto: Downtown, Yorkville, Annex, Cabbagetown, Riverdale, Leslieville, Beaches, High Park, Roncesvalles. North Toronto: North York, Willowdale, Don Mills, Forest Hill, Lawrence Park, York Mills, Bayview Village. East Toronto: East York, Scarborough, Bluffs, Agincourt, Birchcliff. West Toronto: Etobicoke, The Junction, Bloor West Village, Mimico, Long Branch.
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.