As the new year settles in, there has been some changes made to the existing stress test that many homebuyers dreaded when buying their homes. How will these changes affect you? Are the effects positive, negative, and are they negligible? What is changing to the...
The number of new families is constantly growing, and with more of the population eventually requiring some sort of home-related loan, it’s important to know what comes with it and how to get the resources to do so. Banks, financial institutions, and any organization...
If you are over 60 years of age and are considering borrowing against your home’s equity, what might be the best option for you? Would a reverse mortgage or a home equity loan be more beneficial for you? When weighing your options, there are many factors to take into...
Although a home equity loan and HELOC (Home Equity Line of Credit) are secured in the same way, the two loans can prove to have many differences from each other, even in the way the money is received. If you’re a newcomer to mortgages and are considering either...
For most of us, our home is our number 1 most valuable asset. Conducting a home renovation can both make your property more valuable and make the space more comfortable. However, a lot of renovations don’t come cheap. Before you start going around peeling off paint...
For a lot of home owners, the number one question to ask when it comes to property is “How can I pay off my mortgage as fast as possible?” Like all periodic payments, we’re always looking towards the last mortgage payment and to claim full ownership of...
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!
