Home equity loans in Alberta
Whether you need $10,000 or $50,000 – Alpine Credits is the best alternative for home equity loans in Alberta
Why Albertans prefer home equity loans from Alpine Credits
In Alberta, home equity loans help residents temporarily extract value from their properties without selling. This is incredibly helpful for homeowners in need of cash to consolidate debt or cover any large expense. At Alpine Credits, for over 50 years homeowners have been and continue to be approved. It goes beyond that, though, we are the place where homeowners can count on their needs being listened to and addressed, which is why Albertans love working with us!
Traditional banks have extremely high standards for providing home equity loans, they expect stellar credit and rock-solid employment. Many homeowners unfortunately are unable to meet these conditions given the current economic struggles.
How our home equity loans work
We start by calculating the available equity in your home. According to the Canadian government, you’re allowed to borrow an amount not exceeding 80% of your home’s value.
Let’s say, for illustrative purposes only, your home was worth $400,000 and you had $100,000 remaining on the mortgage. Your total home equity would be $300,000. You’d be able to borrow the full $300,000 as it falls within the 80% limit imposed by the government.
Once we determine the available equity, you can expect approval within 24 hours. It’s that simple! We move so quickly because our primary focus is not your credit score but rather your available home equity and whether it’s enough to meet your needs. Once you’ve been approved, we’ll deposit funds directly into your bank account. You’ll make repayments on an installment basis same as your mortgage.
Signs a home equity loan is right for you

Here are some of the common scenarios Albertans find themselves in before coming to us for a home equity loan.
Ways to use your home equity in Alberta
You can use a home equity loan to cover just about any major expense, including:
- Debt consolidation
- A loved one’s tuition fees
- Business startup costs
- Hefty tax bills
- Home renovations
- Investment property purchases
- Health expenses
This is another way in which Alpine Credits differs from traditional lenders. We don’t limit what you can do with your money.

Benefits of our home equity loans in Alberta

Here are some of the perks home equity borrowers enjoy in Alberta.