Home Equity Loans

Getting a home equity loan sounds like a relatively easy way to get access to some cash but not all uses for it are created equal. Just because you can qualify for it does not mean that you should get one, as using it the wrong way can end up costing you your home. If […]

You’ve been making timely payments all these years, isn’t it time your home started to give a little back? With the right mortgage broker (us!) and a home equity loan you can get all the money you need to consolidate your debts, send your kids to university or even start a business. With any kind

Determining the type of home equity loan that could be right for you can be very confusing and overwhelming even for the more seasoned homeowners who want to use their home equity. We’ll try to make things easier for you here by laying out your choices for a home equity loan in Canada. Let’s Talk

A lot of homeowners these days are finding out that they can use their home equity to apply for a homeowner’s loan. It can sound quite simple at first glance but getting a homeowner’s loan can have some confusing steps that can cost you both time and money if you make some mistakes at any

Do you know that one of the most popular reasons that Canadians tap into their home equity is to use the extra cash to buy a second property? Although having a second home may sound excessive to some, having a second home can mean a lot of things to different people. Why Buy A Second

World economy has taken a hit due to the months-long lockdowns and quarantines that a lot of nations had to place themselves under of. Even countries with stronger economies like the United States and Canada are not exempt from the financially crippling effects of the COVID-19 pandemic. The best way to bounce back is for

Do you know that one of the easiest ways to borrow money if you are a homeowner is to use your home equity? Yes, this is true! This is because homeowners who were able to build a significant amount of home equity are perceived by lenders as more trustworthy and financially stable. More so, being

Do you know that there is a way for the CRA or Canada Revenue Agency to allow something that would be akin to letting taxpayers deduct mortgage interest from their taxes just like what our American neighbours have down south? How? By using the Smith Maneuver, a way to deduct from taxes created by retired

Things are extra tough for almost everyone these days and building equity in your home may not be on your priorities list. However, the fact is that for most people, now is the best time to build home equity. Why? Because if you can afford it, working on home improvement or paying more towards your