Is using home equity to buy another home in Canada Legal? The answer is yes – Home equity is one of the most convenient ways to invest in another home purchase. So, you don’t have to worry about anything if you’ve accumulated enough equity in your home. In this guide, we’ll show you how to… Continue reading Using Home Equity to Buy Another Home in Canada: Is It Legal?
Tag: home loans
How To Borrow For A Down Payment In Canada
For potential homeowners, coming up with a sizable down payment is probably the hardest part of purchasing a home. A down payment is a necessary aspect of securing a mortgage. It is a way for creditors to reduce the risk of lending you money. Gone were the days when Canadians were able to purchase homes… Continue reading How To Borrow For A Down Payment In Canada
Fixed Vs. Variable Mortgage Interest Rates Explained
Buying a home is a dream for many people. Statistics reveal that only 45 percent of people between the ages of 18 to 34 are home owners in Canada. Most people are emotionally attached to home buying decision in life. So, people often make the mistake of buying a home quickly without thinking the decision… Continue reading Fixed Vs. Variable Mortgage Interest Rates Explained
Secured Home Improvement Loans – A Complete Guide
Sprucing up your home is often a better option than buying a new house. It increases the value of a property, which comes in handy if you are planning to sell the home anytime soon. If you are also a homeowner who wants to opt for home renovation, you should know about secured home improvement… Continue reading Secured Home Improvement Loans – A Complete Guide