The spring season is representative of a fresh start for you, and your financials. Use Your Home Equity To Explore New Opportunities Your home equity is the value of your home today, minus the outstanding balance on your mortgage. And while this may seem like...
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....
With the current trends in the housing market, homeowners could save tens of thousands on their mortgages by refinancing their mortgage. When COVID-19 hit North America, many Canadians experienced immediate effects via loss of job, leading to reduced income. To...
Before the coronavirus pandemic, financial advisors typically recommended people prioritize debt payoff first and foremost. But now that so many Canadians have been furloughed or unemployed, the focus has shifted to savings. It is very important to have an emergency...
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!
