Access my home equity

Over time, financial priorities change.  Just because you’ve diligently worked to pay down your mortgage doesn’t mean you should lose access to that money forever.

Whether you want to renovate your home, buy a car or address some other financial need, Manulife One can help you do it by unlocking the value of your home equity.

Unlike traditional banking, Manulife One brings your mortgage, loans, savings and income together into one multi-purpose borrowing and chequing account. This account’s unique design gives you access to the equity you have in your home – up to the established borrowing limit.  So accessing your home equity is as easy as writing a cheque, making a debit purchase or transferring money online or over the phone. 

And paying it back is as easy as making a deposit.  As long as you haven’t chosen to lock in your debt at a fixed-rate, there’s no penalty for repaying your loan.

Manulife One even allows you to track different portions of your debt separately through our sub-account feature.  Separating a portion of your debt into a sub-account allows you to easily track the interest costs and repayment of that debt.

Financial priorities change over time.  Manulife One allows you to unlock the value of your home equity so you can address those changes with ease.

Next steps

Try our calculator to see what Manulife One could do for you.

Find out how to apply or learn more.

Learn how Manulife One can help you prepare for life’s “What-ifs?”

Is your bank telling you they offer “the same thing”?  Try our Ten questions to ask your banker.

What’s your Manulife One Number?
Discover your Manulife One Number – it’s the amount of interest you could save over the life of your mortgage, simply by switching to Manulife One.  This all-in-one account can help save you money, reduce your debt faster and simplify your finances. Because your chequing account, savings account, line of credit and mortgage don’t need to be separate.