Turn your home equity into flexible borrowing power

A MeritLine home equity line of credit gives you flexible access to the equity in your home whenever you need it. You can borrow up to 80% of your home’s appraised value, minus your mortgage balance. It works like a revolving credit line, allowing you to borrow, repay, and borrow again while paying interest only on the amount you use. This flexibility can be especially helpful for creative professionals who may have changing project needs or irregular income cycles.

Members use a home equity line of credit for home renovations, medical or dental bills, travel, celebrations, and consolidating higher-interest debt. For those in the creative field, it can also support project costs, equipment upgrades, studio improvements, or serve as a financial buffer during slower periods.

A MeritLine offers competitive interest rates, interest-only monthly payments, and the freedom to access funds when you need them. You can also pair it with a Creative Arts Financial mortgage without refinancing. For creatives, it provides reliable access to funding without interrupting your workflow or financial goals.

Interest is charged only on the amount you actually use, not on your total approved limit. This makes it a cost-effective choice for anyone who appreciates flexibility, especially during unpredictable work seasons.

You only need to apply once. After approval, you can access your home equity whenever you need it. Book an appointment and we’ll guide you through the process.