Our Solutions Banking All-in-One solution lets you access equity in your home to consolidate all of your banking and financing needs.
It integrates the features of a mortgage, a line of credit, a chequing account and a savings account into a complete cash management solution that can help you better understand your daily finances, and manage them more effectively.
Is the All-in-One right for me?
How does it work?
The Solutions Banking All-in-One is a home equity line of credit that allows you to borrow up to 80%1 of the appraised value of your home. By combining your debt and income into the Solutions Banking All-in-One, you can simplify your banking, reduce your debt faster and pay less interest over time.
- As your paycheque and other sources of income are deposited into your Solutions Banking All-in-One, your outstanding debt is automatically reduced, saving you on interest costs. Then, throughout the month as you need to pay for day-to-day expenses such as making debit purchases and bill payments, you can access funds up to your approved credit limit.
- Your available credit can be used any way you like without the need to apply for additional financing – use it to fund a renovation, help pay for your child’s education or in case of an emergency, the choice is yours!
- Unlike a traditional mortgage, the Solutions Banking All-in-One lets you enjoy financial flexibility, allowing you to pay down debt faster and conveniently access money when the need arises.
1Maximum financing up to 80% of the appraised property value; any credit above 65% of the property value must be placed in a term loan sub-account. Subject to credit approval.
Banking products and services are distributed through Solutions Banking™. Solutions Banking products and services are provided by National Bank of Canada.
™ Solutions Banking is a trademark of Power Financial Corporation. IG Wealth Management and design are trademarks owned by IGM Financial Inc. and licensed to its subsidiary corporations. National Bank of Canada is a licensed user of these trademarks.
Mortgages are offered through I.G. Investment Management, Ltd.* Inquiries will be referred to a Mortgage Planning Specialist (in Ontario, a Mortgage Agent, and in Quebec, New Brunswick and Nova Scotia, a Mortgage Broker).
*In ON and NS, registered as a Mortgage Brokerage (ON 10809, NS 3000240) and a Mortgage Administrator (ON 11256, NS 3000232), in QC, registered as a financial services firm (QC 2400376104) and in NB, registered as a Mortgage Brokerage.