Entries by admin

Got a HELOC? You Might Have Trouble Getting a Second Mortgage

A new rule change may make it a lot tougher for those who have a HELOC in Canada to get a second mortgage. Just recently, Toronto-Dominion Bank, the leading HELOC provider in Canada, just changed their policy and are now requiring those who have applications for other financing methods to prove that they are capable […]

The Best Loan Options for Consolidating Debt in Canada

Using a loan to consolidate debt can be tricky because the last thing you want is to get a loan that will get you deeper in debt. What you want is to find the best loan option for consolidating debt that will perfectly suit your situation. This is possible after careful consideration of the pros […]

Is It Worth It to Pay Your Debt with Your Home Equity?

Trying to manage several debts can be a huge headache more so if you have to deal with debt collectors and are already financially stressed out. It might be best to consolidate your debt to make payments easier to manage as well as get rid of unnecessary stress. More so, debt consolidation can save you […]

Your Must-Know Checklist About Second Mortgages

If you’re undecided yet whether you should get a second mortgage or not, now is one of the best times to get a second mortgage in Canada. You just have to be sure that you fully understand what it means to get a second mortgage and what options will be best for you. More about […]

Top Uses for Home Equity Loans in Canada

Getting a home equity loan is one of the increasingly popular ways for Canadians to take advantage of current low-interest rates and increasing house prices. Below are the top uses that Canadians are utilising their home equity loans for. Funding Home Renovation A home equity loan is a smart way to raise funds for home […]

Handle a Bad Debt Using Home Equity

Getting out of debt when one has bad credit is one of the most common issues faced by Canadians these days. It may be quite easy to get out of debt if one has good financial records but for those with bad credit, this is a huge challenge to overcome. Is it Smart to Get […]