Hey,

Everything is set now and I'm planning to start a new business venture with my friend in Toronto. But, it’s difficult to raise a huge fund in a very short time. I think, the best solution is to take up a home equity mortgage.

The home equity mortgage interest rates are low, and terms may be more flexible. I own a condo nearby Seneca College. I have done a short research and listed a few brokers offering home equity mortgage in Ontario. I'm expecting a generous credit limit up to 80% of my home’s appraised value.

Let me know your suggestions and comments on this. Awaiting replies. Thank you in advance!