To many people, the idea of taking out a loan can be a scary one. While some may fear being trapped inside a “cycle of debt” of making payments, if done strategically, a home equity loan may, in fact, prove to be financially advantageous. However, this does not mean...
With coronavirus cases seemingly on an endless rise worldwide, it can become discouraging to think about how much more of the pandemic we must endure, and the subsequent effects the struggling economy may continue to have on the livelihoods of the workforce. While...
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...
Before the COVID-19 pandemic, living pay cheque to pay cheque, while not the option of choice for many, was nevertheless manageable. However, with the economy at a downturn, cash is tighter than ever for many households and individuals, and bills are proving to be...
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!