merit line

flexible coverage when you need it…

Looking for more affordable overdraft protection? When considering a line of credit or overdraft protection, why not try a MeritLine mortgage? This mortgage takes the equity in your home and makes it available to you. MeritLine is a perfect solution for the active borrower and guarantees you one of momentum’s lowest rates. Only pay interest on what you’ve used and re-borrow what you’ve paid down up to your pre-approved limit.

  • borrow up to 80% of the equity in your home (maximum $300,000)
  • works as a fully secured Line Of Credit
  • rates as low as momentum prime rate
  • flexible repayment schedule, pay as much as you want or as little as the monthly interest only
  • no pre-payment penalties
  • allows you to access the money you have when you need it

Contact one of our branches today to speak with our experienced lenders, or Apply Now to take advantage of our great rates!