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....
If you decide today that you need to borrow a bit of extra money to cover a few of your expenses, there are a few options you can proceed with. You can take out a personal loan, apply for a credit card, or look for ways to borrow against wealth you already have, such...
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...
Before you venture out to buy your dream home, you might want to first gain a thorough understanding of how a mortgage works. Not all aspiring homeowners in Canada have the extra money to pay up front the full purchase price of a property. And so, to be able to afford...
Principal and interest are the two primary components of a mortgage payment. Aside from any necessary fees involved, the principal and interest make up for all the money going out when paying back your mortgage. In its simplest definition, the principal is that...
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!