How Can a Home Equity Credit Line Help You Enjoy a Beach Vacation Over the Holidays? Are you overdue for a holiday? Is it your dream to take your family on a vacation before the year is over? A home equity credit line can help you escape to the beach. You can have a vacation…
Do you want to know how to Get a Home Equity Line of Credit with for People with Bad Credit? One of the greatest financial resources available to you is your house. It’s one of the most expensive assets that you own. And, if you’ve been making regular payments on your mortgage for several years,…
HELOC Rule Changes Have Not Made it Easier to Tap into Your Home Equity Over the last year, it’s become harder for Canadians to tap into their home equity. New mortgage rules, combined with higher interest rates, have made borrowing against home equity tougher. Many Canadians are finding it difficult to qualify for home equity…
The Secret to Easy Home Loans – is Alternative Lenders If you’ve been turned away for a mortgage you know how tough it can be to get a home loan today. Many Canadians find it harder to qualify for loans because major bank’s are conducting stress tests on mortgage applicants. We’ve all had a little time to…
Are You a Homeowner with Bad Credit Who has Been Turned Away for a Debt Consolidation Loan? For most people, there’s a pretty good chance that debt has been a problem at one time or another. Debt impacts so many people and homeowners are no exemption to this. No matter the situation that led to…
Are There Banks that Offer Home Equity Loans with Bad Credit? So, are there banks that offer home equity loans with bad credit? The answer is yes! As you shop around for a home equity loan, you might start getting discouraged. After all, the new mortgage rules make it harder to qualify for a loan…
Mortgage Stress Test – Not All Mortgages Are Subject to a Test Canada has some of the strictest mortgage lending rules around, and they’ve become increasingly strict since 2008 when a global financial crisis was precipitated in the United States. Over the course of the last decade, new government regulations have made it hard to…
Ontario Power of Sale Rules – Get Help Now! A power of sale in Ontario occurs when a homeowner fails to meet their mortgage obligations. Your mortgage obligations are outlined in your mortgage agreement. If you fail to live up to the contract, the mortgage lender can force the sale of your home through a…
How do I Get a Guaranteed Home Equity Loan for Bad Credit? Chances are, the asset that has the greatest value in your financial portfolio – is your home. If you’ve been paying a mortgage down for years and the market in your area has shifted, you may have accumulated a lot of equity. The…
Do You Owe Revenue Canada Money? Owing money is never fun but there may be no worse feeling than when you owe Revenue Canada (also known as Canada Revenue Agency or CRA for short). Tax debt often comes as one big debt due within 30 days. If you can’t repay it fast enough, the interest…