Recent Articles
Deferred Mortgage Payment: What Happens if I Skip a Mortgage Payment?
Nearly 1 million Canadians deferred over $1 billion in monthly mortgage payments during the pandemic. This number highlights the wave of financial instability that has inundated many nationwide. If you’re one of those struggling to make a mortgage payment, or...
Home Equity Line of Credit (HELOC): What You Need to Know
Owning a home brings the advantage of a valuable financial resource – building equity. This equity can be tapped into through a second mortgage, like a one-time loan or a revolving HELOC. However, each option also has drawbacks, so you...
How Much Equity Can I Borrow from My Home in Canada?
As Canada continues towards economic recovery after the pandemic, the high cost of living and daily expenses are pressing issues for most Canadians. Many homeowners consider using their home’s equity to tackle financial hurdles and march forward. If you’re a...
Stop Power of Sale in Canada: What is the Process and How Does it Work?
Are you aware that over 800,000 Canadians used mortgage deferrals from banks and lenders in 2021? These programs are ending soon, so borrowers will have to start making deferred payments and new ones. On the other hand, lenders must protect...
How can Home Equity Loans Help You Finance Your Business?
Owning a home is more than just having a place to call your own; it’s also a gateway to a valuable financial resource known as home equity. However, the world of home equity loans used for businesses is not without...
Private Mortgage Lenders: Everything You Need to Know
Considering a private mortgage could be a viable solution if you find yourself ineligible for a conventional home loan. However, while a private mortgage presents an alternate avenue to owning a home, treading carefully is imperative when considering this route....
