75% Loan-To-Value
24-Hour Approvals
No Income
Verification
What Is A No Income Verification HELOC ?
Flexible Financing — Without the Paperwork
If traditional income documentation is a hurdle, a No Income Verification Home Equity Line of Credit (HELOC) could be the ideal solution. This product is designed for homeowners who have built up equity in their property but may not have traditional income sources to show — like self-employed individuals, retirees, or those with irregular income.
It’s a line of credit secured by the equity in your home, just like a standard HELOC — but without the need to provide standard income documents such as pay stubs, T4s, or tax returns. Instead, approval is based on your home’s value, your available equity, and overall credit profile.
Why Choose A HELOC?
Here’s why more homeowners in Mississauga and across Ontario are turning to HELOCs as a smart financial solution:
Flexible Terms
Lower Interest Rates
Revolving Access
01
Consolidate High-Interest Debt
Pay off credit cards, lines of credit, or personal loans by rolling them into a HELOC at a much lower rate—simplify payments and save thousands on interest.
03
Withdraw on Your Terms
Access a lump sum, draw funds as needed, or set up recurring payments — you’re in control.
05
Lower Interest Rates
HELOCs typically offer significantly lower rates than credit cards or unsecured personal loans, helping you save money.
07
Use It Your Way
There are no restrictions on how you spend the funds. Whether it's for emergencies, education, or renovations, your home equity works for you.
02
Invest in Business or Real Estate
Use the funds to launch a new business, grow an existing one, or make a down payment on a rental property—all without disrupting your cash flow or credit profile.
04
Multiple Access Options
Conveniently withdraw funds through cheques, a credit card, or online transfers.
06
Secure and Reusable Credit
You're borrowing against the equity in your home, and as you repay, your available credit replenishes — making it a reliable, long-term financial tool.
Is A Home Equity Line of Credit Right For You?
Self-Employed
or Business Owner
Looking For Flexible Financing
Planning Major Life Expenses
Facing Temporary Income Gap
It's an excellent choice if you are:
A Homeowner With Established Equity
Planning Home Renovations or Major Purchases
Prefer Faster Approval Proccess
Have Bruised Credit or Unique Finanacial Situation
Why Choose GNE?
Client Testimonials
Our clients' satisfaction is our priority. Discover how we have helped individuals and families secure their legacies with our life insurance solutions
"...Throughout the entire journey, the team was right there with me at every corner, providing invaluable support and guidance. Their expertise and patience made the entire experience stress-free and enjoyable. I felt confident and well-informed every step of the way."
- Preet Parmar
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Q: How can GNE Mortgages Inc help me find the best mortgage rates and terms?A: GNE Mortgages Inc can assist you in finding the best mortgage rates and terms through personalized service and industry expertise. As a mortgage broker, we have access to a vast network of lenders, including major banks and credit unions, which allows us to compare a variety of mortgage products tailored to your specific needs. Our team analyzes your financial situation, credit history, and homeownership goals to identify the most suitable mortgage options. Additionally, we negotiate on your behalf to secure competitive rates and favourable terms, ensuring you get the best possible deal. By leveraging our professional knowledge and relationships within the industry, Gne Mortgages Inc saves you time and stress, providing you with the peace of mind that you are making an informed and optimal financial decision. Best of all, our services are usually free to you, as we're typically paid by the lender, not the client.
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Q: How long does it typically take for a mortgage broker to secure a mortgage for a borrower at Gne Mortgages Inc?A: At GNE Mortgages Inc, securing a mortgage for a borrower generally takes between 2 to 6 weeks. The exact timeline can vary based on several factors including the complexity of the borrower's financial situation, the responsiveness of the borrower in providing necessary documentation, and the efficiency of the lender. Our team of experienced mortgage brokers works diligently to expedite the process, ensuring that each step—from initial consultation and pre-approval to final mortgage approval—proceeds as smoothly and quickly as possible. We maintain constant communication with all parties involved to avoid delays, providing a seamless experience for our clients. If you have any further questions about the mortgage process or need personalized assistance, please don't hesitate to contact our team at Gne Mortgages Inc.
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Q: What documents and information will I need to provide to a mortgage broker during the application process?A: The specific documentation requirements may vary, but commonly requested items include proof of income (pay stubs or tax returns), employment verification, bank statements, identification documents, and details about the property you purchase or refinance.
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Q: Can GNE Mortgages Inc help me if I have a low credit score or a less-than-perfect financial history?Absolutely. At GNE Mortgages Inc., we understand that life doesn’t always follow a perfect financial script. Whether you have bruised credit or non-traditional income, we’re here to help — without judgment. Our team specializes in finding real solutions for real people, working with a wide range of lenders who offer flexible options beyond the banks’ strict criteria. We’ll take the time to understand your story and match you with a mortgage that fits your needs, not just the numbers. Let’s talk about your goals — and how we can help you make homeownership a reality.
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Q: Can I lose my home or can the lender take my home?A: No, you won’t lose your home or have it taken by the lender as long as you: continue to pay your property taxes, maintain the home, and keep your homeowner’s insurance up to date.
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Q: Can I get a reverse mortgage if I already have an existing mortgage?A: Yes, you can get a reverse mortgage even if you have an existing mortgage. In fact, many homeowners use the reverse mortgage funds to pay off their current mortgage, eliminating monthly payments and freeing up cash flow. The key is having enough home equity — our team can help you assess your eligibility and show you how it works.