Whether you want to join a buddy on a new business venture, pay off a couple outstanding debts, or renovate your kitchen, a home equity loan can be used for all the above. Unlike a traditional mortgage, a home equity loan is omni-purposed, and easy to qualify for so...
If you decide today that you need to borrow a bit of extra money to cover a few of your expenses, there are a few options you can proceed with. You can take out a personal loan, apply for a credit card, or look for ways to borrow against wealth you already have, such...
No sugar-coating involved – times are rough. Many Canadians are losing their jobs, being placed on temporary lay-offs, or working severely reduced hours remotely. The COVID-19 virus discovered originally in Asia more than 2 months ago now is just starting to take...
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...
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...
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!
