Manulife One Home Equity Line of Credit

Manulife One is an all-in-one readvanceable mortgage and banking product that lets you combine your mortgage with your bank accounts, short-term savings, income, and other debts. 

With Manulife One, you can:

  • Easily increase or decrease mortgage payments
  • Access your home equity when you need it
  • Reduce your interest costs and become debt-free sooner

Pay your mortgage your way

As long as you have borrowing room, you can increase or decrease your payments as you need to. And if your needs change, you can access the equity in your home you’ve already repaid. With Manulife One, you’re in control.

Save thousands in interest

With Manulife One every dollar you deposit from your income or savings immediately reduces your debt. Repaying your highest debt from your Manulife One account could help you reduce your interest costs.

Become debt-free years sooner

By depositing your short terms savings and income you reduce your loan balance and lower your borrowing cost. So, all your money is working for you as hard as it can – every single day.

 Be prepared for a rainy day

Manulife One lets you be prepared for the unexpected by giving you access to your money when you need it. By combining debt and savings into an all-in-one mortgage, your savings work to reduce your debt, plus you can always access your money and home equity – up to your borrowing limit.

Simplify your everyday banking

Manulife One makes your banking easier by bringing all of your accounts together – so you only have one account to manage with one monthly statement. Take a look at our Manulife One statement to see just how simple an all-in-one banking and mortgage account can be.

Customize your mortgage

With sub-accounts, you can lock in a portion of your Manulife One account at a variable or fixed interest rate with an open or a closed term, so you can track that portion of your debt separately from your main account. And because each sub-account has its own fixed payment schedule and amortization period, this helps your debt get paid off by a certain date.



Manulife Bank Select Mortgage

Customizing your mortgage may be unimaginable, but it’s possible. Manulife Bank Select brings your banking together with a flexible mortgage and a high-interest chequing account.

It can help you:

  • Customize your mortgage by dividing it into different portions, each with its own amount, interest rate, term and payment schedule
  • Get the best of both worlds with fixed and variable options
  • Enjoy free banking and a high interest rate chequing account when you maintain a minimum balance of $5,000



Did You Know? 

Get a credit card with your Manulife One & enjoy a special reward.

By becoming a Manulife One customer plus a new ManulifeMONEY+™ Visa cardholder your Manulife One Unlimited Daily Banking fee is waived for up to one year.

Source : Manulife Bank

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