Already Own A Home? Put Your U.S. Equity to Work

BorrowDisclaimer27, Disclaimer30 the amount that you need up to 80% of your home's value and preserve the credit you have available in Canada

Two Options for Canadians to Tap Into U.S. Equity

Use it to renovate your home, pay for upgrades and cover U.S. bills and expenses, and have U.S. cash on hand without concern for fluctuating foreign exchange costs.

Home Equity Line of CreditDisclaimer30


Save thousands on closing costs with an RBC Bank HELOC31

Offer available until October 31, 2024

  • Maximum flexibility with access to funds online, anytime
    No minimum balance, usage or draw requirements
  • Peace of mind of having U.S. cash when you need it
    No concern for fluctuating foreign exchange costs
  • Borrow up to 80% of the equity in your home
    Interest only payments for a 10 year draw period
  • Make just the minimum payment
    Flexible repayment options - make interest only payments or pay more to reduce your balance

Refinance Your PropertyDisclaimer27


$0Disclaimer28 underwriting fees on new refinancing

Offer available until October 31, 2024

  • Get a lump sum of cash
    Make monthly payments amortized over 30 yearsDisclaimer25
  • Our lowest interest rates
    Lock in for 3-, 5-, 7- or 10-year termsDisclaimer25 with free renewals
  • No pre-payment penalties
    Make lump sum payments at any time
  • Check Refinancing Rates

Get Your Free Guide to Using Your U.S. Equity

In this guide, you’ll learn:

  • How to use your U.S. equity to your financial advantage as a Canadian
  • How much you may be able to borrow and your options for accessing equity
  • Benefits and considerations of each home equity option
  • Differences between Canadian and U.S. home equity financing
  • Tax and insurance considerations

U.S. Equity Tools & Advice

Calculate the U.S. Equity You Can Access

Cash-Out RefinanceDisclaimer27 or No-Fee HELOCDisclaimer31? Estimate your monthly payments in USD or CAD.

U.S. Home Equity Calculator