Homebase Mortgages

Financial Resource Centre

Welcome to our Mortgage Blog

Covering everything from home equity loans, second mortgages, debt consolidation and more. 

Debt Consolidation

Home Equity for Bad Credit Debt Consolidation Loans

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 ...
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Home Equity Loans

What It Means to Build Equity In Your Home

Each payment you make towards your mortgage as a homeowner goes into building your home equity, making it a powerful financial asset that is just waiting for you to tap at the right time. As you make more payments, your home equity grows, same as it grows when property values ...
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Home Equity Loans

5 Home Remodeling Ideas that Increase Home Value for Better Home Equity

Improving your home’s value is something you should always have in the back of your mind when you’re a homeowner. Better home value means you will have an easier time selling when you decide it is time to let go. It also means increasing your home equity so that you ...
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Home Equity Loans

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 ...
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Home Equity Loans

Smart Ways to Tap Your Home Equity

Homeowners know that they do not need to sell their home these days to access some cash. There are ways to access home equity without passing ownership of the property via home equity loans and some can be very easy and convenient compared to other options. However, just because home ...
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Second Mortgages

Is 2024 The Year to Get a Second Mortgage?

Getting a second mortgage is not an easy feat for a lot of homeowners more so that there are plenty of negative notions about it. It is not a secret that some people may have lost their properties when they were not able to fulfill their end of the terms. ...
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Uncategorized

Why Canadian Seniors Should Be Tapping Into Their Home Equity

Most seniors who own homes have stopped working and are either relying on passive income through investments or their savings. A lot are cash poor and feel that they can’t enjoy retirement because of financial issues. Luckily for them, they can use the accumulated value of their property to their ...
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Home Equity Loans

Home Equity Loans – What You Need to Know

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 ...
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Home Equity Loans

Are You A Canadian Homeowner? Use Your Home Equity Now!

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 ...
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Homebase Mortgages