Homebase Mortgages

Serving Toronto, the GTA & All of Ontario

Brampton's Best Rates on Home Equity Loans

Get the financial resources you need.

Brampton's First Choice in Home Equity Loans

Whether you need $5,000 or $500,000, we offer Brampton’s best rates! Get approved today!

Do you live in Brampton and are looking to make the most of your homes equity? If you’re looking for a top mortgage broker, at Mortgage Central Nationwide, we’re experts at hard to place home equity loans and second mortgages. As a matter of fact, 90% of our clients have poor credit and we pride ourselves on getting approvals within 24hrs.

Whether you are purchasing a new home, renewing your existing mortgage, mortgage refinancing to consolidate your debts or simply wanting to take a home equity loan or second mortgage, our team of professionals will work with you to find a solution best suited for you.



If you own your home, you're approved!


Approvals in 24 hours or less

Fill out our fast and easy no-obligation application form to get started and see how much you qualify for.


No credit. No problem.

We don’t care about your credit score or income. If you have equity in your home, you’re approved! Simple as that.


Receive your funds fast!

We know you’re in a hurry! Once you are approved, our agents will work with you to get your funds to you within a week.


Helping Brampton homeowners get more out of their homes since 2002.

Life is full of obstacles, challenges and opportunities. Let our home equity loan experts guide you to get the most out of the hard earned equity you’ve built in your home. We’re here to help. 

Frequently Asked Home Equity Loan Questions

A Home Equity Loan is also called a Home Equity Mortgage. The value that you own in your home can be tapped to access your home equity. This is done via a loan with the help of Homebase Mortgages.

Your home equity will depend on your home’s current market value minus the amount you still owe on your mortgage. If you bought a home that is currently worth $400,000 and you still owe $100,000, your home equity now is $300,000. The amount you still owe is calculated based on the market value when you bought your home minus the amount you already paid. If you bought your home 10 years ago at $200,000 and paid off $100,000, you owe only $100,000 even when the current market value is much higher.

A Home Equity Loan can be better than other types of loans because of two major advantages: Tax savings and a much lower interest rate. Whereas a credit card loan can have an interest rate of 8-30%, a Home Equity Loan can have an interest rate of just 5% or less because it is a secured loan that is guaranteed by the value of your home equity. Note that depending on what you will use the Home Equity Loan for, you may be able to deduct the interest on the money you borrow unlike the interest paid for personal loans and credit cards.

You can use your Home Equity Loan for anything you may want or need. The most popular uses for it include home improvements, debt consolidation, investments, paying for school tuition, growing a business or starting a business, extra cash flow for possible emergencies, and taking a dream vacation. Some people use a Home Equity Loan for business investments such as buying stocks or property. There are also people who use it as an emergency fund for medical emergencies.

Subtract your existing mortgage debt to current market value of the home. Once you have these pieces of information, you can apply for a Home Equity Loan with Homebase Mortgages and be approved within days.

It can take as little as 24 hours at Homebase Mortgages. Fast approval means that you can access the money in your bank in just a few short days.

There are many ways to apply for a Home Equity Loan with Homebase Mortgages! You can fill up the application form to apply online, call us during business hours, or contact us on Facebook and Twitter. Our mortgage professionals will get back to you as soon as possible and will be available to answer your questions during business hours.

Home renovations are a great way to increase the value of a property when properly done. The key is in choosing home renovation projects that has the most impact on how the home is perceived to amplify the value it can bring to your home.

The most important criteria when applying for a Home Equity Loan is to have some home equity. Your source of income is not a huge factor to get approved. We can help you get approved within 24 hours at Homebase Mortgages regardless of your source of income.

Why Choose Homebase?

Homebase Mortgages has been helping homeowners achieve their financial goals for over 20 years.
Serving Toronto, the GTA and all of Ontario.

Homeowners approved within 24 hrs

If you own your home, you're approved. We lend based on your homes equity.

Large Canadian public funding network

Whether you need $5,000 or $500,000, we have you covered.

Cut monthly payments in half

Lower your monthly debt payments by up to 50%.

Bad credit. No credit. No problem.

All you need is your home. Credit scores don't matter here!

Most competitive rates in the market

We offer the lowest rates possible in our industry.

We can help when traditional banks won't

Unlike traditional banks, our approvals are solely based on your homes equity.

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What our clients have to say

I had a very bad experience with another company and was lucky enough to find Homebase in time, before going through with a high interest loan. Good people here.
Archard Cuillerier
Danny and Rajal are such a pleasure to work with! They are experienced and extremely knowledgeable. Highly recommended!
Alessandra Ocampo
Honest, knowledgable and actually caring! If you're looking for a second mortgage in Toronto, go with them. Great job!
Dylan Cameron

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