Yes. You can add additional collateral at any time during your loan term. This gives you flexibility in how you manage your Loan-to-Value (LTV) ratio and borrowing power.
Why Top Up Your Collateral?
- Reduce Your LTV
- Adding more collateral lowers your LTV, reducing the risk of reaching an LTV Warning (80% LTV) or Liquidation (90% LTV).
- A lower LTV provides extra breathing room during volatile markets.
- Increase Borrowing Power
- If your additional collateral reduces your LTV enough, you may become eligible to borrow more funds under the same loan agreement.
- To qualify for a loan increase, the additional loan amount must be at least $10,000 CAD or USDC and must not push your LTV above the original LTV agreed at loan issuance.
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