Blog - LendToday.ca

5 HELOC Misconceptions: Setting the Record Straight

5 HELOC Misconceptions: Setting the Record Straight Home Equity Line of Credit (HELOC) is a financial tool that has gained significant popularity among Canadian homeowners seeking flexible borrowing options. But with its increasing popularity, many wrong ideas have come up,...

May 14, 2024

Bankruptcy

Navigating Bankruptcy and Mortgage Renewal: What Homeowners Need to Know

Navigating Bankruptcy and Mortgage Renewal: What Homeowners Need to Know In Canada, the total number of bankruptcy insolvencies increased by 23.6% in 2023 in comparison to 12 months prior at the end of December 31, 2022. For existing homeowners, the...

May 6, 2024

Power of Sale

All About Power of Sale For A Mortgage in Canada

Understanding Mortgage Power of Sale in Canada The concept of mortgage power of sale can be complex and intimidating for Canadian homeowners, especially when facing financial difficulties. However, with comprehensive knowledge and guidance, navigating through this process becomes more manageable....

April 18, 2024

Personal Loans and Home Equity Loans for Canadian Homeowners

Finance

Personal Loans and Home Equity Loans for Canadian Homeowners

Personal Loans and Home Equity Loans for Canadian Homeowners In the world of money matters, Canadian homeowners often face tough choices, especially when dealing with bad credit and the impact of rising prices on their finances. It’s crucial to understand...

April 3, 2024

Mortgage

How Reverse Mortgage Loans Work

How Reverse Mortgage Loans Work In the realm of Canadian real estate, reverse mortgage loans have emerged as a noteworthy financial tool, particularly for homeowners aged 55 and above. These loans offer a unique avenue for individuals to leverage the...

April 2, 2024

What Happens If You Can’t Pay Your Mortgage

Missed Payments

What Happens If You Can’t Pay Your Mortgage

What Happens If You Can’t Pay Your Mortgage Homeownership in Canada is rewarding and a significant milestone for many. However, with the privilege of owning your home comes great responsibility. Life throws the unexpected at you – financial hardship, job...

March 27, 2024

Mortgage

How Mortgage Collateral Works; A Comprehensive Guide

How Mortgage Collateral Works; A Comprehensive Guide In the world of Canadian real estate and finance, understanding how mortgage collateral functions is crucial for anyone looking to purchase property or refinance existing loans. This comprehensive guide will delve into the...

March 21, 2024

Navigating Home Equity Loans Now With Confidence

Home Equity Loan Mortgage

Navigating Home Equity Loans Now With Confidence

Navigating Home Equity Loans with Confidence: A Comprehensive Guide for Canadian Homeowners For Canadian homeowners, a home isn’t just a place to live; it’s also a valuable financial asset. Leveraging the equity you’ve built in your home can be a...

March 7, 2024

Unlocking Financial Freedom Now: 7 Benefits Of A Home Equity Line of Credit

Finance HELOC

Unlocking Financial Freedom Now: 7 Benefits Of A Home Equity Line of Credit

Unlocking Financial Freedom Now: 7 Benefits Of A Home Equity Line of Credit The benefits of a home equity line of credit are endless. As a Canadian homeowner, you hold a valuable asset that can serve as a cornerstone...

February 22, 2024