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© 2025 – All rights reserved. • Paragon Pragmatic Lending • 1915 Foxtail Terrace Kelowna BC V1P 1T9 • BCFSA Brokerage License X301089
Information is general and not legal, tax, or investment advice. Strategies like the Smith Manoeuvre (Maneuver) and cash/rental damming involve risk—consult a qualified tax professional.
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HELOC & readvanceable strategies

Blend flexibility with payoff automation, underpinned by secure tracking.

Access equity without losing the payoff plan

We structure HELOCs and readvanceable mortgages so you can invest, renovate, or consolidate while still tracking towards a faster mortgage-free date. Every draw and repayment is logged with CASL-compliant updates.

How we set it up

We model combined loan-to-value limits, interest-only payment impacts, and tax deductibility scenarios. The dashboard tracks balances and triggers renewal reminders when a conversion makes sense.

If you are running Smith Manoeuvre / Maneuver or cash damming strategies, we coordinate with your accountant and keep clean audit trails for CRA.

Benefits

  • Access to capital without reapplying each time.
  • Automated tracking of tax-deductible interest and principal.
  • Integrated payoff plan with calculators that show interest saved.

Risks & guardrails

Revolving credit demands discipline. We cap draws to maintain LTV guardrails, send reminders when balances approach limits, and document CASL consent so every update remains compliant. Your tax professional reviews the plan before execution.

Calculator stack

  • HELOC planner to forecast borrowing and repayment.
  • Smith Manoeuvre tracker to manage investments and deductions.
  • Prepayment impact for the payoff strategy.

Frequently asked questions

What’s the difference between a standalone HELOC and a readvanceable mortgage?

Standalone HELOCs are separate lines of credit. Readvanceables pair an amortizing mortgage with a revolving portion that grows as you pay down principal. We help you pick the right structure for your goals.

Can I run the Smith Manoeuvre / Maneuver with this setup?

Yes—with discipline. We document cash-flow damming, interest tracking, and work alongside your tax professional to stay compliant.

Will this hurt my renewal later?

We coordinate with your future renewal plan and ensure any HELOC borrowing stays within lender and insurer limits, including combined LTV caps.

Ready when you are

Hold a rate, book time with the Broker team, or jump straight into the secure dashboard.

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Information is general and not legal, tax, or investment advice. Smith Manoeuvre/Maneuver and cash or rental damming strategies involve risk—consult a qualified tax professional.