Deep wrote:
My point is why pay $170 a year for something you can get elsewhere without the fee? There's nothing unique about manulife one, its just a nicely packaged and marketed HELOC.
I don't disagree with you at all. My personal experiences with them have been more than worth the $170 premium with the service levels I've been given to date. In our world of heavy discounting and disconnected customer service it's refreshing and appreciated even at an added cost. It's not for everyone but that's why there are hundreds if not thousands of mortgage options out in the marketplace. Besides $170 bucks isn't even two tanks of gas anymore!