Home Equity

Unlock Your Home's Potential

About the Financing

Service Characteristics

As a homeowner, your property is a valuable asset that can serve as a source of wealth and financial security. With a Home Equity loan you can leverage the equity in your home for various purposes, including investments, debt consolidation, emergencies, and education.

Key Features

What to Expect

Competitive Interest Rate

Benefit from a competitive fixed interest rate of 6%, ensuring affordability and stability in your financial planning.

Flexible Repayment Terms

Enjoy repayment terms of up to 30 years, providing you with the flexibility to manage your finances according to your needs and goals.

Transparent Fees

Our acceptance fee, capped at 1% of the loan amount or a minimum of $500.00, ensures transparency and clarity throughout the application process.

Cover Major Expenses

Whether you're looking to invest in new opportunities, consolidate debt, handle unexpected emergencies, or fund education expenses, our Home Equity program provides the financing you need.

How to Get Started

Take the first step towards unlocking the potential of your home by assessing your financial needs and determining how tapping into your home’s equity can help you achieve your goals.

At TTMB, we understand the significance of your home as an asset and are committed to helping you maximise its value. Explore the possibilities today!

Required Documents

Two (2) copies of all documents must be provided.

Standard Documents

Additional Documents

For a Townhouse or Condominium-type Home

*Evidence of Income

Submit an Original Job Letter & Pay Slip. If self employed, submit Financial Statements for the last three (3) years and Bank Statements for the last three (3) years, stating the average monthly balance. If you are employed on contract, submit copies of employment contracts for the last three (3) years.

**Evidence of Savings & Indebtedness

Submit statements from all financial institutions with which you deal, including credit unions (monthly payments towards loans must be indicated on these statements).

Application Costs

What do I need to pay?

Estimated Application Costs​

Initial Payment Requirements

Receive Property for Sale Alerts

Receive an email notification when TTMB lists Property for Sale.

Advance Protector

Keep your family covered in the storm of your passing.