What is it?
As you pay down your mortgage, a Flex HELOC’s credit limit increases up to 65% of your home’s value.
A revolving of Line of Credit with a predetermined amount that is secured by the equity in your home.
Must have an ATB mortgage
Credit limit grows
Available amount automatically increases as the associated mortgage is paid below 65% LTV
Full credit limit is set and available once funded
Able to split into multiple HELOC accounts
Access to equity in the future and convenience of one time application