Free U.S. Home Equity Webinars

In-depth topics include:

Owning U.S. Real Estate: Put Your U.S. Equity to Work for You

Introduction to the power to tap your U.S. home equity.

U.S. Home Equity: Legal and Tax Considerations

Hear from our cross-border tax and legal experts.

U.S. Home Insurance: What You Should Know

Considerations for your U.S. home insurance needs including types of coverage, special concerns in different parts of the U.S. and finding the right insurance.

Mortgage Closing: U.S.-Style!

Financing options for Canadians & key differences in Canadian vs. U.S. mortgage process.

Renting Your U.S. Home: What You Should Know

Considering renting your U.S. property? Our experts will walk you through all the practical, legal and tax considerations of renting a home in the U.S.

Also get access to

Cross-Border Tax & Legal Directory

Guide to Using Your U.S. Home Equity

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Why Canadians our U.S. equity solutions

Low-cost options for taking advantage of your home's appreciation and the strong U.S. dollar
Easily move the money earned from the currency exchange back to Canada, tax-free^{Legal disclaimer 3}
Enjoy the peace of mind of having U.S. cash on hand

Borrow up to 80% of your home's value with no pre-payment penalties — you can make lump-sum payments anytime
Cover your U.S. expenses without concern for fluctuating foreign exchange costs — while preserving the credit you have available in Canada

Already own a home in the U.S.? Put your equity to work

Borrow the amount that you need — up to 80% of your home's value — and preserve the credit you have available in Canada. Save thousands on closing costs with a no-fee HELOC⁴ or refinance your property with $0 underwriting fees⁵. Offer available until October 31, 2025.

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Legal Disclaimer1

Mortgages and Home Equity Lines of Credit (HELOCs) are subject to approval, including verification of acceptable income, credit worthiness and property valuations. Minimum and maximum property values and maximum loan-to-value ratios apply. Homeowner’s insurance is required for all loans and lines of credit and flood insurance is required if the property is located in a Special Flood Hazard area. Escrows may be required on mortgages. There are closing costs associated with mortgage products. In addition to a ½% Origination fee (with a $500 minimum and a $2,000 maximum) due at origination and a $50 annual fee, third party closing costs for Home Equity Lines of Credit may range from $900 to $9,000. Home Equity Lines of credit are not offered for properties in Texas. Home Equity Lines of Credit are not available for investment properties.

Legal Disclaimer2

Refinancing not offered for properties in Texas.

Legal Disclaimer3

Consult your financial, tax, legal, and other professional advisors prior to applying for a U.S. mortgage.

Legal Disclaimer4

Offer period is January 1, 2020 through April 30, 2025 and may be withdrawn or changed at any time without notice. To qualify, a full and complete RBC Bank Home Equity Line of Credit application must be submitted by October 31, 2025 and fund within 120 days of the application date. Eligibility is subject to RBC Bank Lending Guidelines and additional terms and conditions apply. An RBC Bank Premium Checking account is required. Offer is available for loan amounts between $25,000 and $750,000. The actual amount you can borrow may vary based on factors such as credit history, property type, occupancy, lien position and loan to value amount. RBC Bank agrees to pay certain usual and customary closing costs and fees associated with issuing a Home Equity Line of Credit ("HELOC"). These costs typically include: origination fee, appraisal fee, credit report fee, title search and title insurance costs, flood determination costs, and filing fees . Escrow or prepaid requirements are not covered by RBC Bank, and include items such as Homeowner Association Dues, property taxes, property insurance, flood insurance and mortgage interest. Based on your loan scenario, certain taxes (such as transfer tax, doc stamps, intangible tax, recording tax, mortgage tax or other taxes) may apply and you will not be eligible for this offer. However, you may be eligible for one of our other HELOC programs. If you close your Home Equity Line of Credit within 24 months of opening the account, you will be required to pay all of the costs that were paid by RBC Bank in connection with the opening and issuance of the account. This is in addition to any outstanding balance that may exist on the loan. For eligible clients, RBC Bank will waive the annual fee for the Premium Checking account and HELOC as long as both remain open and in good standing. If you close your HELOC at any time, the annual Premium Checking account fee of $99.50 will begin to apply.

To qualify for the $0 underwriting fee, a full and complete mortgage application must be submitted by October 31, 2025. Mortgages must fund within 120 days of the application date. Offer may be withdrawn or changed at any time without notice. Offer is only available to the following clients; new RBC Bank mortgage/Home Equity Line of Credit (1st or 2nd homes), Investment Properties, and Refinance on a property that is owned free and clear. Additional bank fees and third party fees apply and are paid separately. Mortgage and HELOC offer may be combined: if a client closes on an eligible mortgage and also opens a second lien HELOC with RBC Bank, both products will have a $0 underwriting fee. That’s a savings of $924 USD (or over $1,200 CAD). May not be combined with any other special offers.