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You work hard to make regular, ongoing interest payments and contribute to your mortgage principal – we want to reward that dedication. The Flex-Equity Mortgage Line helps you build up your equity faster and get the most out of your home by transferring the equity from a fixed mortgage amount to a pre-established home equity line of credit. The more principal you pay down, the more equity you can use to pay for renovations, a dream vacation, or anything else you want.


If you’re the type of person that’s committed to paying down debt, has a minimum of 20% equity built up in their home and is interested in accessing that equity for future use, then this solution is absolutely right for you.


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All in one

The Flex-Equity Mortgage Line gives you access to credit when it suits your needs and timeline. Through a one-time application, you’ll be able to leverage the equity that you’ve built up in your home, to use however and as frequently as you’d like.

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Peace of mind

This mortgage line offers market leading rates that can greatly improve your cash flow and savings.  It also gives you access to credit in times when it makes the most financial sense for you.

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Home renos? Tuition? Big ticket purchases? Investments? The Flex-Equity Mortgage Line is a great financial tool that can be used in more ways than one.

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Automatic re-balancing

The Flex-Equity Mortgage Line includes automatic re-balancing of the home equity line of credit portion of your loan (as your repayments automatically update your available credit) and can be used as an alternative to refinancing.


Mortgage and Loan Calculators

Use our calculators to find out how much mortgage you can afford and how much you can save!

Use our calculators

Refinancing your mortgage

Look into refinancing to free up money for a big purchase, get a better rate, or change your mortgage term.

Learn about refinancing

What is the mortgage stress test?

Learn all about how the test works, what it means for home buyers, and how Meridian can help.

Learn about the mortgage stress test


Let's talk about how you can qualify for a Flex-Equity Mortgage Line.