Access funds using the equity in your home

Equity is the difference between the current market (appraised) value of your home and the outstanding balance of your mortgage. By tapping into the equity you have built in your home, you may already have the financial resources needed to pursue such personal goals as:
  • Renovating or remodeling your home
  • Consolidating high-interest debt

Apply for a Home Equity Line of Credit today or contact us

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Features & Benefits

  • Flexibility in accessing the funds
    Manage your approved funds and use them whenever you need to. You can conveniently access your approved credit line by simply writing a cheque up to your available limit and you only pay interest on the amount you use.
  • Lower your monthly payments by consolidating higher interest rate debt
    Home equity rates can be lower than credit card and personal loan rates and can help you reduce your monthly interest charges while keeping a low monthly payment.
  • Instant access to cash whenever you need it
  • Use as much or as little money as you like
  • Pay interest only on the amount you use
  • Take advantage of preferential rates with HSBC Premier1 or HSBC Advance2

Apply for a Home Equity Line of Credit

Apply online

Start your application online for a Home Equity Line of Credit today.

By phone

Your use of this site, including this application, is subject to the Website Use Agreement which includes important terms about the security of the information you submit by this application. Your use of this site signifies your agreement to the HSBC  Website Use Agreement. Your information is not stored on our systems if you do not submit this application. Whether or not you submit your application, your personal information can still be displayed by clicking the back button. For security, it is advised that you close your browser after using this site.

* Applicable service charges can be found in the Personal Service Charges/Statement of Disclosure.

** The available limit will depend on the value of your property and any prior charges or liens. An appraisal fee of $300 per valuation may apply.

1In order to qualify for HSBC Premier you must have an active HSBC Premier chequing account, and meet at least one of the following eligibility criteria:
• Total Relationship Balance of $100,000 (CAD) or more, or
• Total Mortgage Amount of $500,000 (CAD) or more, or
• Total Monthly Income Deposit of $6,500 (CAD) or more plus confirmation of $100,000 or more in deposits and/or investments in Canada
Some exclusions apply. A monthly fee will be charged if you do not meet at least one of the eligibility criteria above. For full details regarding eligibility and any fees which may apply please refer to the Personal Service Charges / Statement of Disclosure available at any HSBC Bank Canada branch or online at www.hsbc.ca.

HSBC Advance requires you to have an active HSBC Advance chequing account, and maintain combined personal deposits and investments with HSBC Bank Canada and its subsidiaries of $5,000 or hold personal HSBC Bank Canada residential mortgage with original amount of $150,000 or greater. Some exclusions apply. A monthly fee will be charged if you do not meet at least one of the conditions above.For full details regarding eligibility and any fees which may apply please refer to the Personal Service Charges / Statement of Disclosure available at any HSBC Bank Canada branch or online at www.hsbc.ca.