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A line of credit rolled into a mortgage balance inflates everything downstream: the balance looks too big, the penalty runs on the wrong number, and savings can show an opportunity that isn't there. BrokerPlus separates revolving credit from the mortgage so the math stays honest.
HELOCs Are Detected On Import
When you import your book, rows that are clearly a line of credit don't become refinance candidates. We recognize them by the product name (HELOC, line of credit, secured line), by readvanceable brand products with no term or maturity (Scotia STEP, TD FlexLine, RBC Homeline, MCAP Fusion), and by a prime-plus rate with no maturity date.
A detected line of credit attaches to the client's mortgage as a debt instead. It still counts against home equity and LTV and feeds the consolidation analysis, but it never produces a rate-savings number. A client with only a line of credit and no mortgage stays in your book without savings math attached.
Splitting A Mortgage Into Segments
Some lenders write one mortgage as several priced portions under a single collateral charge, the way readvanceable products work: a fixed piece, a variable piece, and a line of credit. Scotia STEP allows up to three mortgages under one charge, and Manulife One, TD FlexLine, and NBC All-in-One use the same idea. Each portion carries its own rate, term, and maturity.
When a candidate's balance looks like it might include a line of credit, a flag appears on their profile. A Split into segments button also sits with the balance on every candidate, so you can split a mortgage any time, even when nothing was detected on import.
Split into segments opens the Mortgage segments editor. The first card is the Primary term loan; the rest are labelled Segment 2, Segment 3, and so on. For each, pick the type, Fixed, Variable, or Line of credit, then enter its balance and rate. Term remaining is optional: leave it blank and the segment inherits the mortgage's remaining term to the shared collateral-charge maturity. Use Add segment for as many portions as the product has.
The split is carved from the mortgage's original balance, and the editor tracks what is left to allocate as you go. Only the primary term loan carries the amortization schedule and pays down over time; every other portion, a readvance, an additional term loan, or a line of credit, is held flat as a draw against the remaining balance. So the estimated balance steps down off the primary segment rather than re-amortizing the whole loan. If your segments total more than the original balance, saving raises the original balance to cover them, and a note in the editor calls this out.
BrokerPlus prices each fixed or variable segment for its own break penalty, on the months remaining to the shared maturity, and sums them into one blended penalty. A Line of credit segment carries no penalty, since there is nothing to break, but still counts toward the balance and equity. After saving, the Rate Analysis view shows a per-segment breakdown, each portion with its rate, balance, and penalty, and the refinance report and PDF show the same under the penalty section.
At the bottom of the editor is an optional Collateral charge registered field. On Scotia STEP and similar products, the charge registered on title is often set higher than the actual mortgage balance so the client can refinance or re-advance later without re-registration and without new legal cost. Enter the registered amount here (one figure for the property, separate from the segments above). It saves on its own the moment you leave the field, so you can set it without also splitting the mortgage, and it powers the collateral coverage note in Fees & Offers.
To adjust the split, reopen the editor with Edit segments. To undo it, choose Revert to single mortgage, which collapses the portions back into one flat mortgage. Line of credit portions you split before carry forward automatically as a Line of credit segment, so nothing is lost.
Second Mortgages Become Linked Deals
A second mortgage amortizes like any other, so it imports as its own deal with its own penalty and savings math and shows on the refinance and renewals lists. We treat a same-client row as a second deal only when it's clearly a different loan: a different lender, loan number, or a maturity well apart from the first. Re-importing never duplicates deals.
When both deals sit on the same property, each debts ledger reflects the other: the first mortgage carries the second as a junior charge, the second carries the first as a senior charge, so equity and LTV are right from either side. These mirrored entries stay in sync when you edit a balance.
Every deal for the same client links together on their profile: a chip under the client's name shows their other deals, and clicking it switches to that deal in place.
Outreach Targets The Latest Mortgage
When two separate mortgage records share one property, auto outreach (refinance and renewals) only contacts the client about the latest-closing one. A HELOC never counts as the latest; if every record is a HELOC, none is contacted. This applies only when the second mortgage is its own deal, not a folded-in debt line.
What To Do Next
- See how candidates and savings are calculated: What Refinance Does.
- Review a candidate's full numbers: Reviewing A Candidate.
- Import or re-import your book: Importing Your Book Of Business.