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...
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...
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 from this. No...
Do Banks Offer Bad Credit Home Equity Loans? Yes — some do! While many major banks have tightened their lending requirements under Canada’s new mortgage rules, there are still lenders willing to work with homeowners who have bruised or bad credit. If you're finding it...
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...
Ontario Power of Sale Rules - Get Help Now! Power of sale Ontario is a growing search trend on Google and it is a sign of tough economic times. A power of sale occurs when a homeowner fails to meet their mortgage obligations. Your mortgage obligations are outlined in...
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...
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...
Home Equity Loan - Durham Region Residents Have More Equity Than Ever The demand for home equity loans in Whitby & Durham Region has grown. Primarily because of a variety of economic factors. Whitby is located just outside the city of Toronto. It is located on...
A home equity loan isn’t just a lifeline if you’re drowning in debt – it can be a lifesaver. Has your bank or financial institution turned you away for a home equity loan in Canada? Your home equity could help you pay off outstanding loans, credit cards and help...
With rising interest rates, many Canadians are feeling the financial squeeze. A Yahoo Canada/Maru poll reveals that a quarter of respondents are “not coping well” with current interest rates, and for homeowners with mortgages, this pressure can be even more intense....
Navigating the mortgage landscape can be complex, especially when life throws financial challenges your way. If you’re a homeowner dealing with a low credit score, inconsistent income or high amount off debt due to missed payments, securing a mortgage through...
Calgary Foreclosures are on the rise. A recent survey report from Jerry Charlton Real Estate reveals alarming trends in Calgary’s housing market, indicating a potential surge in foreclosures. Key factors driving this shift include rising interest rates, escalating...