With coronavirus cases seemingly on an endless rise worldwide, it can become discouraging to think about how much more of the pandemic we must endure, and the subsequent effects the struggling economy may continue to have on the livelihoods of the workforce. While...
As a homeowner starts to pay down their mortgage throughout the years, they begin building home equity. The more they pay toward their mortgage, the more home equity they gain for future use. Your equity will also rise if and when your property increases in value with...
Since recent trends and changes in the housing market, there has been a sizeable change in the home equity loan market pertaining to interest rates. Favouring applicants, home equity loans now start at as low as 2.31% depending on the applicant’s situation and home...
With the current trends in the housing market, homeowners could save tens of thousands on their mortgages by refinancing their mortgage. When COVID-19 hit North America, many Canadians experienced immediate effects via loss of job, leading to reduced income. To...
Before the coronavirus pandemic, financial advisors typically recommended people prioritize debt payoff first and foremost. But now that so many Canadians have been furloughed or unemployed, the focus has shifted to savings. It is very important to have an emergency...
Without surprise, with the housing market at the state it is in right now, Canadians have been moving houses a lot less over the past 3 years, which led to increases in home renovations and remodelling projects. But not all renovation investments yield equal payback....
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!
