About Peterborough
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Home Equity Line of Credit

A home equity line of credit is a credit facility which allows you to borrow money against the accumulated value or equity of your property.  Home equity lines of credit work like a regular revolving credit line.  When you make payments on the debt, the payment is added back to the original amount borrowed.

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Our Best Rates
TermBank RateOur Rate
6 Month4.55%4.25%
1 Year Closed3.65%2.74%
2 Year Closed3.89%3.04%
3 Year Closed3.99%2.99%
4 Year Closed4.39%3.15%
5 Year Closed4.99%3.29%
7 Year Closed5.99%3.89%
10 Year Closed6.29%3.89%
VRM Closed3.1%2.90%
Line of Credit4%3.50%
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