A home equity line of credit, or as it’s more commonly referred to as a HELOC, is a secured line of credit that lets you leverage your home’s value to borrow money. You will be able to access...
How to Apply for a Canadian Reverse Mortgage in 2021
As aging in place becomes the new normal, a trend accelerated by the pandemic, more seniors are looking for options to make their dreams a reality. A Canadian reverse mortgage is a loan that helps…
Buying a house with bad credit
As Canadians watch what is happening in the housing market recently, many with bad credit wonder if they can ever buy a house. There are many reasons why good people end up with bruised...
Canada Housing Market – Calm during the Storm
With all the headlines about Canada’s housing market, what are homeowners and homebuyers to do? Who would have thought during a pandemic housing would hit all-time highs. There are many...
Wondering How to Get a Mortgage with Poor Credit?
Contrary to popular opinion, you may be eligible for a mortgage even if your credit score is less than desired. Borrowers who have bad credit or poor credit can get mortgage financing...
What Exactly are Home Equity Loans and Home Equity Lines of Credit?
Conventional wisdom often shared by parents has been to live within our means. That is, to only spend as much as we can, based on our income. However, these days, we live in a credit fuelled...