Buying a house with bad credit in Canada can seem like a daunting task especially if you’ve been turned down by your bank. When life’s obstacles get in your way, whether it’s a sickness, loss of employment, a worldwide pandemic,
What homeowners should know about Canada Revenue Agency (CRA) tax arrears solutions. Many Canadians find at some point in their lives that they have to pay back taxes. If you’ve filed your returns properly, it’s not illegal to owe the CRA
An average Canadian may owe about $23,035 in non-mortgage debts which means refinancing to consolidate debt may make sense. The higher interest rates from unsecured debt are one of the reasons why some Canadians have bad credit. Fortunately, there is a
Finding a bad credit mortgage broker in Canada can be a daunting task. When you are in search of one when you are dealing with bad credit it can seem like it is an impossible ordeal. It is a good
Here we will go over everything you need to know about property tax arrears and the many solutions available. If you are a homeowner, you’ll already know that property taxes are a considerable expense. While you can’t avoid property taxes,
How to qualify with second mortgage lenders with bad credit? More than 1.9 million Canadians take out second mortgages to finance their homes. They’re handy for some extra funding for renovations to your home. But getting a second mortgage isn’t as easy
What you need to know about getting a private mortgage in Canada. Canadian banks and most financial institutions consider a variety of factors when approving a mortgage. Apart from ensuring that the borrower has the capacity to pay, banks also
Using home equity loans for renovation projects comes with a ton of advantages. Do you plan on selling your home in the future or Is your family growing out of your current home? Then you may have thought about getting
For many Ontario homeowners, the equity in their home is more than just a number — it’s an opportunity. Whether it’s tackling major repairs, paying off high-interest debt, or helping children with tuition, getting a home equity loan in Ontario
How to obtain a home equity line of credit with bad credit is a great question. Getting a home loan may seem like a perplexing problem if you have a bad credit history. Most banks rely on your past credit
What Is a Second Mortgage? A second mortgage is an additional loan secured against the value of your home, on top of your existing (first) mortgage. It gives you access to the equity you’ve built up without having to refinance
Thinking about the different benefits of a home equity loan vs a HELOC. 8.5 million Canadian households own their own home. They make those monthly payments to work towards complete homeownership and to build equity over time. One big advantage to