Rates
Home equity lines of credit
Every published home equity line of credit rate we hold, 18 rows. The card above leads with the lowest figure confirmed at a named lender's own published source. A HELOC prices as a margin over the prime rate and revolves rather than amortizing, so its published figure moves with every change in prime.
Lowest HELOC rate confirmed at a named lender's own published source5.10%FirstOntario Credit Union · MeritLine Home Equity Line of Credit · Captured 2026-11-14
| Institution | Product | Term or type | Published rate or fee | Conditions as published | Source | As of |
|---|---|---|---|---|---|---|
| Butler Mortgage | HELOC | HELOC | 4.95% | these are the broker's published rates, Variable Mortgage Rates | Mortgage Rates Ontario - Butler Mortgage | |
| FirstOntario Credit Union | HELOC | MeritLine Home Equity Line of Credit | 5.10% | MeritLine Home Equity Line of Credit | Rates for personal members | FirstOntario Credit Union | |
| Coast Capital Savings | HELOC | HELOC | 5.200% | Broker Rates; Mortgage rates and approval based on risk profile. Interest rates are subject to change without notice. Home Equity Line of Credit (HELOC) | Broker Mortgage Rates & Lending Guidelines | Coast Capital | Coast Capital Savings | Rate effective 29-Oct-26 |
| DUCA | HELOC | HELOC | 5.20% | Prime + 0.50% | Best Canada HELOC Rates - 4.45% | WOWA.ca | As of November 14th, 2026 |
| DUCA | HELOC | PrimeLine Line of Credit - Secured - Owner Occupied Residential Real Estate | 5.20% | PrimeLine Line of Credit | Rates | |
| Meridian | HELOC | HELOC | 5.20% | Prime + 0.50% | Best Canada HELOC Rates - 4.45% | WOWA.ca | As of November 14th, 2026 |
| Laurentian | HELOC | HELOC | 5.25% | Prime + 0.55% | Best Canada HELOC Rates - 4.45% | WOWA.ca | As of November 14th, 2026 |
| National Bank | HELOC | HELOC | 5.70% | Prime + 1.00% | Best Canada HELOC Rates - 4.45% | WOWA.ca | As of November 14th, 2026 |
| Tangerine | HELOC | HELOC | 5.70% | Prime + 1.00% | Best Canada HELOC Rates - 4.45% | WOWA.ca | As of November 14th, 2026 |
| DUCA | HELOC | HELOC (variable) | 5.20% (Prime + 0.50%) | Rates may be public lender rates, lender-submitted rates, or broker-sourced rates. Broker-sourced rates may not be available directly from the lender. HELOC rates are variable interest rates that are based on your lender's prime rate. Minimum monthly payment is estimated as an interest-only payment based on the drawn HELOC amount. | Best Canada HELOC Rates - 4.45% | WOWA.ca | 2026-11-14 |
| Laurentian | HELOC | HELOC (variable) | 5.25% (Prime + 0.55%) | Rates may be public lender rates, lender-submitted rates, or broker-sourced rates. Broker-sourced rates may not be available directly from the lender. HELOC rates are variable interest rates that are based on your lender's prime rate. Minimum monthly payment is estimated as an interest-only payment based on the drawn HELOC amount. | Best Canada HELOC Rates - 4.45% | WOWA.ca | 2026-11-14 |
| Meridian | HELOC | HELOC (variable) | 5.20% (Prime + 0.50%) | Rates may be public lender rates, lender-submitted rates, or broker-sourced rates. Broker-sourced rates may not be available directly from the lender. HELOC rates are variable interest rates that are based on your lender's prime rate. Minimum monthly payment is estimated as an interest-only payment based on the drawn HELOC amount. | Best Canada HELOC Rates - 4.45% | WOWA.ca | 2026-11-14 |
| National Bank | HELOC | HELOC (variable) | 5.70% (Prime + 1.00%) | Rates may be public lender rates, lender-submitted rates, or broker-sourced rates. Broker-sourced rates may not be available directly from the lender. HELOC rates are variable interest rates that are based on your lender's prime rate. Minimum monthly payment is estimated as an interest-only payment based on the drawn HELOC amount. | Best Canada HELOC Rates - 4.45% | WOWA.ca | 2026-11-14 |
| Northern Credit Union | HELOC | Meritline | 5.20 | HOME EQUITY LINES OF CREDIT | Rates | Northern Credit Union | |
| Shinhan Bank Canada | HELOC | HELOC | Prime + 1.50% + applicable risk premiums / discounts | SHBC Prime Lending Programs | Residential Mortgage Products and Interest Rates | Effective June 15, 2026 |
| Tangerine | HELOC | HELOC (variable) | 5.70% (Prime + 1.00%) | Rates may be public lender rates, lender-submitted rates, or broker-sourced rates. Broker-sourced rates may not be available directly from the lender. HELOC rates are variable interest rates that are based on your lender's prime rate. Minimum monthly payment is estimated as an interest-only payment based on the drawn HELOC amount. | Best Canada HELOC Rates - 4.45% | WOWA.ca | 2026-11-14 |
| WFCU Credit Union | HELOC | Home Equity Line of Credit - First and Second Mortgages | 5.70% (Prime +1.00%) | Home Equity Line of Credit | Rates - WFCU | |
| WFCU Credit Union | HELOC | Home Equity Line of Credit - Open | 5.70% (Prime +1.00%) | Home Equity Line of Credit | Rates - WFCU |
One slice of the full mortgage rates record.