Homeline Discussions, Offers & Promotions

Get deal alerts for "Homeline"

Search found 11 matches. Go to advanced search

  • Posts
  • Forum
  • Post By

  • RBC homeline program for Mortgage

    Ask a question for a friend regarding his mortgage with RBC, basically he is offered by RBC with the homeline program, which basically combines mortgage with a home line of credit, when you pay off mortgage, your home line of credit limit increases. The RBC representative ...

    • rebelxt2010
    • Aug 23rd, 2022 12:34 pm
    • Forum: Real Estate

  • Going from RBC Homeline to Scotia STEP. Any significant differences to be aware?

    After having my mortgage+heloc at RBC for many years, I asked to refinance based on a new appraisal, and they only offered me 65%LTV. Scotia offered me 80% so I'm planning to switch. Looking at the docs both products seem practically equivalent. Has anyone noticed any differences I should be aware o...

  • *Advise Needed*: Conventional Mortgage vs HomeLine Credit

    Hello, My mortgage brokers (more than one) have extended me Homeline credit mortgage rather than conventional mortgage. I assume brokers make more money selling such option. I wonder for me are there any disadvantages of going with mortgage with homeline ...

    • lookatami
    • Aug 17th, 2021 4:54 pm
    • Forum: Real Estate

  • Discharging RBC Homeline Plan

    I have RBC Homeline Plan with zero balance on my house, I am selling the house and need to discharge the Homeline Plan. I am getting mortgage for my new house from CIBC. How much RBC charges for discharging Homeline Plan? Is there ...

    • bingo_jake
    • Jan 18th, 2021 11:49 am
    • Forum: Real Estate

  • Calculate better option / use cash towards mortgage or homeline

    I can't find a resource that I can calculate which will be better. Paying off the $14k homeline (which has a 2.95% interest rate), or using the $14k as a payment on the mortgage with an interest of 2.64% (which is due to renew, so hopefully I can get it to 1.8 maybe ...

    • vodka
    • Oct 7th, 2020 9:05 pm
    • Forum: Personal Finance

  • RBC Homeline Plan and HSBC mortgage with HELOC comparison

    I got approved for an RBC Homeline Plan for an uninsured mortgage (more than 20% down payment) as well as an HSBC mortgage with HELOC. HSBC provided a rate of 2.05% 5-year variable while RBC provided 2.20% 5-year variable. Both are on ...

    • eded123
    • Jun 23rd, 2020 2:15 am
    • Forum: Real Estate

  • Does RBC charge any fees for closing Homeline Plan?

    I currently have my mortgage with RBC, and was planning to open a Homeline Plan to get lower rates for a possible loan. I've heard that it is relatively simple to waive the initial fees for opening, but if I understood right there will be extra fees for closing ...

    • saisoj
    • Mar 2nd, 2020 8:31 pm
    • Forum: Real Estate

  • Finally Leaving RBC - Discharge Homeline Plan?

    ... PC and am due for a mortgage renewal Jan 2017. We put 20% down initially and the advisor basically told me it would be dumb not to sign up for the Homeline plan as I could take out money at a low rate if needed (haven't needed to and don't really foresee it). Now, upon renewal time, I learn it ...

    • Diablo9845
    • Oct 18th, 2016 3:44 pm
    • Forum: Real Estate

  • RBC raising Homeline credit line premium by 50 basis points

    I've had my mortgage in a Homeline plan for many years, and the credit line portion was always at Prime. Today I got a letter from RBC saying that it will raise to Prime+0.50. Could this be something related to my own personal worthiness, ...

    • dani_toronto
    • Sep 30th, 2013 1:47 pm
    • Forum: Personal Finance

  • RBC Homeline with mortgage or not?

    ... I have with TD (and refinancing another couple of $100,000) to RBC. Everything is done and now the rep is asking (and pushing) for me to get a Homeline (line of credit). On paper everything sounds good: I pay my mortgage and receive the equivalent in a line of credit at p + 0.5% (good rate) ...

    • eednapes
    • Aug 30th, 2011 4:23 pm
    • Forum: Personal Finance

  • please help RBC homeline

    Here is my situation, I have an RBC homeline, I have a mortgage and a line of credit. I am halfway paying off my mortgage so I have a big line of credit limit that I can use. I recently borrowed 5,000 from my line of credit, after a month of ...

    • moneytech
    • Aug 6th, 2009 9:04 pm
    • Forum: Personal Finance

Trending Hot Deals