Sagewise Capital · HELOC
MRD
Mortgage Rate Defender
Rising interest rates are a threat to your home. Protect your finances with MRD.
What MRD is
A HELOC built for today's payments
MRD is a Home Equity Line of Credit (HELOC) from Sagewise Capital, customized to meet today's mortgage and housing payment demands. It helps homeowners cover part of their mortgage payments through financial challenges — without the long applications and heavy documentation banks require.
Ontario homeowners whose mortgage payments have risen above their budget
Homeowners who want funds in place before a financial challenge hits
Borrowers who find traditional bank HELOCs too slow or document-heavy
How it works
From application to funds
Apply
Contact Sagewise Capital to start your MRD application.
Verify with Flinks Connect
Securely connect your bank account instead of supplying income documentation.
Review your disclosure
Your rate, credit limit and all borrowing costs are set out in your disclosure statement.
Access your funds
Once approved and registered, draw on your line to support your mortgage payments.
Key features
Qualify with ease
No income documentation
Bank verification through Flinks Connect replaces pay stubs and tax returns.
No appraisal in some cases
Many applications proceed without a full appraisal. An inspection may be required.
Open, 2-year term
An open line of credit with a 2-year term.
Built for payment relief
Designed to help cover part of your monthly mortgage payment when budgets are stretched.
Eligibility
Who qualifies
Residential property located in Ontario (certain area restrictions apply)
Available equity in the property
Successful bank verification through Flinks Connect
Property inspection, where required
Application
What you'll need
Flinks Connect bank verification (completed online)
Property address and current mortgage details
Signed disclosure statement
FAQs
Questions about MRD
Terms & conditions
The fine print
Terms and conditions apply.
The specific borrowing cost is disclosed on the disclosure statement. The annual percentage rate (APR) is always greater than the interest rate, as the APR includes lending fees and costs associated with this mortgage.
One-time legal costs are extra, and can be deducted from the initial advance amount.
MRD is open and has a 2-year term. The lending area is Ontario, though certain area restrictions apply. Eligible properties are residential only. Inspection may be required.
Sagewise Capital Corporation · Administrator License #12709.
Protect your home with MRD
Speak with Sagewise Capital about your application.