TD Home Equity FlexLine

A TD Home Equity FlexLine gives you access to ongoing credit, up to your available limit, and provides a number of flexible options:

• Apply only once – you can access your available credit within your credit limit anytime without having to re-apply¹.
• Pay at your own pace – make monthly interest only payments or pay as much as you want².
• Benefit from access to revolving credit – as your outstanding balance decreases, your available credit increases.
• Reduce your debt with a Term Portion – Pay off all or a portion of your outstanding balance by establishing regular payments through a Term Portion. Choose between a fixed or variable interest rate, and open or closed-to-prepayment term, depending on the rate you have chosen.

Your TD Home Equity FlexLine provides great flexibility in how it can be used, such as:

• Purchasing a home when you have a 20% down payment
• Major household renovations
• Purchasing a second property
• Consolidating higher-interest debt
• Financing the purchase of a vehicle
• Education costs
• Travelling
• Other large purchases