Between having to financially balance credit cards, mortgages, and loans, many homeowners often find themselves taking on too much debt. What might surprise you is that this is quite common and by no means a bad thing, especially when you have the option to...
Since its introduction in 2018, homeowners across the nation have dealt with financial difficulties and challenges when facing Canada’s infamous mortgage stress test. So to help take the stress off any mortgage concerns you may have, the Leap Financial team has broken...
Home equity loans are perfect for homeowners looking to tap into large amounts of capital for home renovations, debt consolidation, and more! But will you qualify for a home equity loan if you have bad credit? In short, you definitely can! Home equity loans emphasize...
In 2018, the mortgage stress test was introduced to Canadian’s, and since its inception, the test has caused some difficulty for new and existing homeowners. If you’re in need of a first or second mortgage, or even a home equity loan, you’ve come to the right place!...
Did you know that utilizing the equity in your home can prove to be one of the most convenient sources of funding? The approval of a home equity loan opens up a myriad of doors for homeowners, such as funding to help renovate property, support new business ventures,...
With the holiday season comes increased holiday spending on gifts, treats, and all sorts of other holiday goodies. Consequently, for many, this time of the year is also accompanied by financial stress due to post-holiday debt obligations, plus the landscape of 2020...
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!