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...
Whether you want to join a buddy on a new business venture, pay off a couple outstanding debts, or renovate your kitchen, a home equity loan can be used for all the above. Unlike a traditional mortgage, a home equity loan is omni-purposed, and easy to qualify for so...
Since recent trends and changes in the housing market, there has been a sizeable change in the home equity loan market pertaining to interest rates. Favouring applicants, home equity loans now start at as low as 2.31% depending on the applicant’s situation and home...
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!
