There are many preparations needed to make sure that things go hitch-free when listing a home for sale. One of the best ways to prepare a home for sale is to remodel it before listing to ensure a good price. What makes this not possible for a lot of people is because of how much […]
Getting a home equity loan if you’re from the Greater Toronto Area shouldn’t be much of a hassle if you own your home and willing to work with lenders other than banks. It will help a lot too if you have some assistance from mortgage professionals in the GTA like us at Homebase Mortgages. But […]
There has been a recent uptick in the cases of mortgage fraud in Canada and both lenders and brokers should take steps to ensure that they’re a step ahead of the fraudsters at all times. A Growing Concern Equifax reported in February that Canadians have a growing concern about the possibility of being involved in […]
Owning a home is great! When you own your home, you also build home equity over time as you pay more towards your mortgage even before it is paid in completion. Your home equity is like a timed savings fund that you can tap into once it reaches a certain percentage or value. How to […]
Building your home equity comes with owning property in Canada. As you pay mortgage for your property, you build equity that can grow big through the years. Add to this the fact that your home equity will also rise together with any increase in property value. How can you benefit from this? How can you […]
Some people apply for a home equity loan just because they qualify for it and not for any smart purpose or reason. Sure, it is quite nice to have access to some cash that you can use to buy or pay for some things you may like now, but you have to remember that a […]
Second mortgages or home equity loans are getting popular once again. It fell back a bit after the recession, but as people are making moves now to take charge of their finances once again, interest in various loan options are picking up. If you want to find out more details about home equity loans and […]
Things may be a bit challenging for some of our fellow Canadians even with things looking like we will be soon able to go back to normal. After all, financial responsibilities do not end and cannot be told to wait for better days. What can you do if you happen to have bad credit but […]
A lot of people have lost their jobs or source of income during the pandemic. If you are a homeowner, you can use your home equity to access some cash; but is that possible with no income? Can an application get approved? Is It Possible to Get A Home Equity Loan with No Income? The […]
One of the most valuable tools for managing debt that homeowners can enjoy is using a home equity loan for debt consolidation of bad credit. When you have bad credit, the effects can follow you for years and across multiple areas of your life. The faster you can get rid of bad credit debt, the […]