Private Second Mortgages - 5 Things You Should Know When you’re hoping to get a little extra cash, one way to do so is with the help of a second mortgage. Second mortgages, often referred to as home equity loans (because it sounds prettier) can allow you to use the...
Finding Your Best Mortgage Broker In Toronto - How To Choose One That's Right For You Toronto remains one of the hottest housing markets in the country. So it can sometimes be challenging to get the best deal possible on a home, especially if you are a first-time home...
Bad Credit home equity loans can be offered by banks! Banks that offer home equity loans with bad credit exist, contrary to popular belief. They are not the traditional big banks that your mom and dad used to use. Banks that offer home equity loans with bad credit...
Property Tax Loans - What Options Do I Have? Owning a home comes with a number of costs that you might not have considered ahead of time. One of the most common items that people often forget about is property tax. However, making sure you’re paying property tax is...
"No Credit Check Required" - The Truth About Home Equity Loans With No Credit Check A home equity loan is a mortgage loan that uses your home as collateral. The amount you can apply for will directly correlate to the amount of equity in your home. A home equity loan...
Home Equity Loans - The Easiest Way To Leverage Money It's frustrating when your bank won't help. Especially when you’ve got equity in your home and it really seems like approval should be a slam dunk. If no one will lend to you, how can you use your home equity to...
What can a mortgage broker offer that your bank can't? If you've had a long relationship with your bank, it's normal to want to get your mortgage there. You trust your bank, you know your bank and you feel comfortable asking your bank for things. So what happens when...
Debt Consolidation Can Free You From High-Interest Debt! Getting a personal loan to consolidate your debt is a great idea. Lines of credit, HELOCs (home equity lines of credit), and consumer proposals can all achieve debt consolidation for you. A balance transfer of...
Self-Employed AND having trouble finding a mortgage lender - you're not alone Self-employed life certainly has its perks but also has its disadvantages. Buying a home (or refinancing your mortgage) can very quickly highlight the disadvantages of self-generated...
Saving your home from a Foreclosure or Power of Sale Knowing how to save your home from foreclosure or power of sale is not something that most people are not familiar with. Most people don’t even understand how they find themselves in the position, let alone how to...
Securing a loan can be challenging when you have a poor credit score. In Canada, many people find themselves in situations where they need financial assistance but struggle to obtain it due to a less-than-ideal credit history. If you’re in this situation, don’t lose...
Understanding the Loan-to-Value (LTV) ratio is essential for anyone navigating the world of mortgages, real estate, or personal finance. Whether you’re a homebuyer, investor, or financial professional, grasping this concept can greatly impact your financial decisions....
In the realm of personal finance, having access to credit is a valuable asset. It provides the flexibility to cover unexpected expenses, manage cash flow, or make significant purchases without immediately impacting your savings. However, not all lines of credit are...