Pay off existing loans and credit cards
Invest in your property and increase its value
Access funds when you need them the most
Get funds quickly to cover short term costs
Leverage your home’s equity to get access to the funds you need. Even if you’ve been turned down by the bank, PADS may still be able to help.
Secure a home equity loan approval in 24 hours. Our loan application process is 100% online, from sign up to fund transfer.
Apply online within minutes with just your ID and mortgage statement.
A loan offer will be presented within 24 hours for your approval.
Accept the offer, finalize with the notary, and receive your funds.
The choice is yours. You decide the term, the loan amount & the payment type.Consult the calculator below to help you make an informed decision.
Not sure where to turn to for your funds? See how PADS stacks up to traditional banks, credit cards and other loan options.
Unsecured personal loans are offered at higher interest rates than secured loans. If your credit score is low, there are no guarantees of being approved. Loan amounts on these unsecured loans are typically smaller because of increased risk on the lender's side.
Bank home equity loans and HELOCs can help homeowners obtain funds at lower rates. Unfortunately, strict eligibility criteria such as the mortgage stress test and a long application process render them out of reach for Canadians with credit challenges.
Credit cards offer high, compounding interest rates that end up costing you much more, trapping you in a cycle of debt. If you miss a payment your credit score will take another hit.
