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...
With CERB coming to an end for the majority of Canadians, many are starting to look for alternative solutions of meeting their mortgage payments. Many Canadian banks and private mortgage companies recently took action to make it easier for consumers with urgent...
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...
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....
Among many of the variations of lending Leap Financial offers, one specialty loan is the Construction Financing and Loaning. Unlike Commercial Financing where construction is specific to expanding large commercial buildings, Construction Financing is specific to you...
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!