Distinguishing a home equity loan from a home equity line of credit (HELOC) can be a puzzling topic, especially provided how similar their names are. Both options offer a variety of benefits and drawbacks, however, depending on your financial needs and situation, one...
We understand just how difficult it can be to keep up with outstanding debt. Whether you have tax bills that are long overdue, or if you’ve steadily started to fall behind on payments, sometimes all you want to do is forget about having to pay anything at all....
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...
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...
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!
