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7 Things You Need to Know to Get a Second Mortgage in 2019

Getting a second mortgage remains as one of the best financial solutions for homeowners who are at a financial bind and need funds. Not everyone has a stash of savings in their bank and when a huge expense comes by, it is comforting to know that you can use your home equity to gain access […]

Should You Consolidate Debt? Your Debt Consolidation Considerations

Debt consolidation is becoming more popular these days but is it worth it to consolidate your debt? Basically speaking, debt consolidation is the process of making your life easier by converting multiple high-interest debts into a single lower-interest debt. It may not be for everyone but it is best to inform yourself about debt consolidation […]

Pros and Cons of Debt Consolidation – Be Debt-Free Soon!

The journey to going debt-free is a long and challenging one. You’ll have to make a lot of sacrifices and really motivate yourself in order to work towards paying off debts and going debt-free. You can start your journey by applying for a debt consolidation loan to make paying debts easier to handle. After all, […]

Make the Most Out of a HELOC

Getting a HELOC can either be a smart financial decision or a cause for trouble. A lot of people are worried about applying for a HELOC despite needing one because they worry about not being able to pay or getting tempted to max out the HELOC limit and plunging deeper into debt. These are valid […]

Are There Risks Borrowing from Private Mortgage Lenders?

Reports show that there is an increasing number of homeowners who are borrowing from private lenders in the Greater Toronto Area but are they doing the right thing? Is it safe to borrow from private mortgage lenders? Why People Are Turning to Private Mortgage Lenders With banks and large financial institutions having more restrictions these […]

How to Get the Best Mortgage Rate in Canada

With a home being the most expensive purchase that most people will make in their lifetime, Canadians are surprisingly not as concerned with finding a good deal for their mortgage loans as the rest of the 10 countries surveyed by HSBC. HSBC’s data showed that Canadians are the least concerned amongst homeowners when it comes […]

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 […]