Home equity loans in Alberta
Whether you need $10,000 or $500,000 – Alpine Credits is the best alternative for home equity loans in Alberta
Home equity loans in Alberta
In Alberta, home equity loans help residents 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 home equity loans in Alberta work
Let’s say, for illustrative purposes only, your home was worth $400,000, and you had $100,000 outstanding on the mortgage. Your total home equity would be $300,000. You’d be able to borrow 75% of your home equity, which is $225,000, allowing you to obtain a significant amount for whatever purpose you desire.
At Alpine Credits, the primary focus is not your credit score but rather the available equity in your home. 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 common scenarios Albertans find themselves in before taking a home equity loan.
Have a major expense: planning on renovating your home or covering some major expenses? A home equity loan is a great option to unlock significant funds on short notice.
Looking to consolidate debt: you can use a home equity loan to consolidate outstanding loan balances, allowing you to reduce the effective interest rate on your debt.
Purchasing an investment property: homeowners can easily get access to funds they need for another home, without having to meet the high requirements from banks.
Leverage your home’s value without selling: home equity loans grant you access to large amounts of money without having to go through the difficult process of selling your home.
Need a business loan: funding your business with a home equity loan is much less complicated, and doesn’t require submitting detailed business plans and financial statements.
Ways to use your home equity in Alberta
You can use a home equity loan to cover just about any major expense, including:
- Loan consolidation
- 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 home equity loans in Alberta

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