Turn your home equity into a flexible tool you can use to pay off debt, grow your investments, save or spend, all while reducing your interest rate. A HOMEWORKS plan will let you:
- Segment your debt into two or three different lines of credit, mortgages or loans.
- Use a low interest rate with your current monthly payments and reduce debt faster or lower your payments to have more money at your disposal.
- Pay interest only on the amount you use1.
- Pay as little as you want, as long as you meet the minimum monthly payment.
- Mix and match HOMEWORKS with other banking products, split your mortgage between variable and fixed rates, or customize it to meet your current needs.