Home Equity Loans & Equity Advances in Ontario

Check Out Fast and Flexible Home Equity Loans from Tembo Financial

Home equity loans are a great financial tool where homeowners can use the equity of their residential property and use the funds for a variety of purposes. Are you looking to pay down debt, buy a second home, finish a renovation project, or just excited to take your family on a long-awaited vacation? With a home equity loan in Ontario the options are practically endless.

For years, Tembo Financial has been providing exceptional service helping homeowners with acquiring home equity loans in Ontario. Regardless of a homeowners age, income or credit score we are able to approve clients fast and efficiently often with no credit checks or appraisals*.  We provide funds to our clients in many cases within 48 hours from receiving their initial application.

What can a home equity loan be used for?

As one of the leading financial services providers, Tembo Financial offers a tailored solution to each client. Once approved, homeowners can receive a home equity loan in Ontario to afford the things that matter most.

With this advance, homeowners can use the equity for many things, such as:

• The deposit or closing costs of another home.
• Debt consolidation
• Home Renovations & repairs
• Purchasing new furniture.
• Personal emergencies.
• Paying off personal taxes
• Going on vacations.

Looking for home equity loans in Ontario? Contact Tembo Financial

Tembo Financial has been one of Ontario’s leading home equity loan providers. We will ensure to get the money to our clients as quickly as possible so they can use it to cover all the things they need. Please get in touch if you are interested in a home equity loan in Ontario.

Example of a home equity loan for home renovations:

John and Nancy initially purchased their home in 2018 and have seen home prices in their area grow substantially over the years. They have always wanted to update their kitchen and bathrooms but with starting their own businesses, they initially found it very difficult to find the funds to complete these renovations. Through Tembo’s website, John and Nancy submitted an application for a $40,000.00 Home Equity Loan to finally complete their upgrades. After reviewing the necessary documents, they were approved the same day and had the funds in their account within 48 hours of submitting their application.

Example of a home equity loan for second home purchase:

Dan and Heather have always dreamed of buying a cottage on a peaceful lake but with property values always on the rise, they never thought saving for the down payment was ever realistic. After speaking with Tembo Financial, Dan and Heather realized they had enough home equity in their primary home in Toronto to use for their down payment. After searching around for the perfect cottage, Dan and Heather were able to make their dream a reality by using a home equity loan from Tembo Financial.

No longer do you have to wait until the future closing date of your home to receive your money from the proceeds of sale. Tembo Financial can have your funds to you in as little as 48 hours (from receipt of application) with no appraisal and no credit check!

Tembo Financial offers property owners a unique service whereby once you have received, and signed off on a firm purchase and sale agreement on your existing property that you had listed for sale, you can apply for an advance on your equity that you would typically receive upon closing of the sale and the transfer of title.

For example: If you were to sell your home firm on April 1^st, but the closing date is set for June 29th, you would normally wait the 90 days until closing to receive your proceeds of sale. Thanks to Tembo Financial, you could avoid this waiting period, and receive your proceeds of sale within 48 hours, or in this case by April 3^rd.