The impact of the COVID-19 virus presents a challenging time for all of us. Despite this, we are continuing work remotely to assist with our clients’ financial needs.
At Leap Financial, our team of experts works closely with you to help you take the leap into financial freedom! 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!
When Big Banks love to say ‘no’, we love to say ‘yes’ – and we have a solution for everyone! At Leap Financial, our experts can help you formulate a refinancing plan suitable for all your financial needs and concerns. Leap Financial offers a straightforward application process and timely approval.
A home equity loan is a type of loan in which the borrower collateralized his or her home. The loan amount is determined based on the equity of your property, which is dependent on the appraised value of your home and the current balance on your mortgage. Here’s an example scenario:
You may want to consider a home equity loan if you have large expenses you need to cover, such as: student loans, consolidating debt, home renovations, vacation-funding, buying a car and much more.
A home equity loan, also known as a second mortgage, is a type of loan in which the borrower collateralized his or her home. The loan amount is determined based on the equity of your property, which is dependent on the appraised value of your home.
Our Commercial financing options are a set of specialized loans that allows businesses to purchase commercial property, obtainable by collateralizing tangible assets. Borrowers can use the loan to help fund new or growing projects or investments.
Construction financing is great, because it provides short-term loans to home-buyers or builders to finance the construction of a real-estate project, commonly a custom-built home or building. As work on the project progresses, you pay back the loan in stages.
Every aspect of dealing with Leap Financial, especially working with their team, was top notch. Easy to work with and professional. Would not hesitate to use their services again.
The staff and service were excellent. I would definitely use Leap Financial again if needed. The team is so polite, nice, and answered all of our questions. There was only a few phone calls, and it was all done. Very efficient!
Easy to access and go through the approval process. We wanted funds to pay off some debts, do some renovations, and grow our small business. Thank you.
A home equity loan, also known as a second mortgage, is a type of loan in which the borrower collateralized his or her home. The loan amount is determined based on the equity of your property, which is dependent on the appraised value of your home and the current balance on your mortgage.
Refinancing is a good option for homeowners whose mortgages are approaching their renewal window, and want to renegotiate their mortgage terms. If you want to lower your monthly payments or interest rates, refinancing can be a solution for you – and our team can optimize the benefits that refinancing entails.
Debt consolidation is the amalgamation of multiple loans that usually have more favourable payoff terms, including a lower interest rate and/or lower monthly payment. The borrower takes out a new loan to pay off multiple liabilities, which essentially combines all debts into one big debt.