Published home equity loan terms, side by side. Rates reviewed August 2026.
Best for: Borrowers who want brokered access to multiple lenders and a short term option
Apply Now Full profileBest for: Homeowners 55 and older who want money from their equity without ever making a monthly payment
Apply Now Full profile| 8Twelve Mortgage | Bloom Finance Company | |
|---|---|---|
| Amount range | $50,000 – $10,000,000 | $20,000 – $2,000,000 |
| Rate | From 4.09% APR | 4 - 5% APR |
| Term | 6 – 60 months | Not published |
| Funding speed | 7 days | 7 days |
| Minimum income | $1,500/month minimum | $1,500/month minimum |
| Income types | 3 income types accepted | 3 income types accepted |
| Minimum credit band | poor | any |
| Provinces | All provinces and territories | 2 provinces |
