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What is the Revolving Portion of a TD Home Equity FlexLine?
It is the portion of the Home Equity Line of Credit or the TD Home Equity FlexLine that is always available to you to use, subject to the terms of the agreement.
Borrow up to 65% of the value of your home (less any previous charges) and get a variable interest rate that changes with TD Prime Rate.
As you pay down your outstanding balance, your available credit increases up to your credit limit subject to the terms of your agreement.
You can pay at your own pace without prepayment charges - pay as little as interest only, or pay any or all of your outstanding balance at any time.
To apply for a TD Home Equity FlexLine, please visit your local TD Canada Trust branch or you can apply with a Mobile Mortgage Specialist (MMS). Locate a Mobile Mortgage Specialist (MMS) in your area through our website or the TD mobile app in the contact us section.
Please note that the answers to the questions are for information purposes only for the products discussed. Individual circumstances may vary. In case of discrepancy, the documentation prevails.