Banking & credit

Access to funds, arranged before you need them

A secured line of credit is cheapest to set up when nothing is wrong. We put one in place as part of the plan so a repair, a gap in income or an opportunity does not force a costly decision.

Secured borrowing

Backed by home equity

Secured by your home

A lower rate and a larger limit, using equity you have already built. Often paired with a Manulife Select mortgage.

Sized to a purpose

We set the limit against a specific need — an emergency reserve, a renovation, a tax instalment — not the maximum available.

Where it belongs in the plan

A line of credit is a backstop, not income. We agree in advance what it is for and how it gets repaid, and that goes into the written plan.

For clients with a Manulife One account, the borrowing capacity is already built in — a separate line often is not needed. Your advisor will tell you when that is the case.

Put a line of credit in place

Your advisor arranges it and sets the limit against a purpose.

Banking products are provided by Manulife Bank of Canada. Investco Financial advisors arrange applications and servicing; approval, rates and terms are set by Manulife Bank and are subject to its lending and account criteria.