In 2018, the mortgage stress test was introduced to Canadian’s, and since its inception, the test has caused some difficulty for new and existing homeowners. If you’re in need of a first or second mortgage, or even a home equity loan, you’ve come to the right place!...
Did you know that utilizing the equity in your home can prove to be one of the most convenient sources of funding? The approval of a home equity loan opens up a myriad of doors for homeowners, such as funding to help renovate property, support new business ventures,...
With the holiday season comes increased holiday spending on gifts, treats, and all sorts of other holiday goodies. Consequently, for many, this time of the year is also accompanied by financial stress due to post-holiday debt obligations, plus the landscape of 2020...
Nobody lives in a perfect world, and we understand that sometimes, you may be in a position where you’re suddenly in need of money. In such circumstances, a home equity loan may be exactly the solution you’re looking for. When in times of a financial emergency,...
Businesses need capital to operate. Whether it be used to keep a company afloat during difficult times, or to protect your business with low cash flow until times grow better. The application process for a small business to get approved for a loan can be a slow and...
To many people, the idea of taking out a loan can be a scary one. While some may fear being trapped inside a “cycle of debt” of making payments, if done strategically, a home equity loan may, in fact, prove to be financially advantageous. However, this does not mean...
At Leap Financial, getting approved for a loan with us is easy, and unlike traditional financial institutions where approval of mortgage loans is dependent on your income and credit rating, approval of mortgage loans at Leap Financial is dependent on the equity in your property and only your equity in your property. We can help get you approved for a home equity loan in no time!
