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25 Apr, 2024 bad credit home equity loan

Dealing with bad credit? You might be wondering if there is an easy way to get a home equity loan. Or if you are eligible for one at all…

Will a low credit score allow you to pull equity out of your home and use it for home improvements, a family vacation, or your daughter’s wedding?

Can you get a home equity loan with a 500 credit score?

25 Apr, 2024 Neighborhood

When it comes to leveraging the value of their property in British Columbia, homeowners often find themselves weighing the options between a second mortgage vs home equity loan. Both financial tools allow you to access home equity, which can be particularly useful for various real estate developments and personal finance needs.

In this blog, we’ll delve into the nuances of home equity loans vs second mortgages, and explore their applications in various real estate projects.

30 Jun, 2023 man checking roof considering a home repair emergency loan

In this blog, we’re going to demonstrate that your home, which needs the repair, could also be part of the solution. Leveraging the equity in your home and looking beyond traditional lenders to private emergency loan lenders can open up avenues for securing essential funds for unexpected expenses.

So, whether dealing with a sudden furnace failure in the middle of a BC, Canadian winter or an urgent roof repair during a downpour, read on. We’ll guide you through using your home equity as a financial tool and identify potential lenders ready to help, regardless of your credit history.

29 Jun, 2023 enthusiastic couple planning to get a home improvement loan in bc, canada

In today’s Canadian housing market, the phrase ‘Home Improvement Loan’ has become a beacon for homeowners seeking to enhance their property’s value and aesthetic appeal.

A home improvement loan, as the name suggests, can be used to fund a range of home renovations and upgrades. By tapping into these resources, homeowners in BC, Canada — and beyond — can create their dream homes while simultaneously boosting the value of their investment.

2 Jan, 2023 can I buy a house in canada as a non resident

Of all the countries in the world, Canada has one of the best reputations. Known as a friendly country that’s inviting and open, inhabited by people who are welcoming and respectful of others’ cultures, here those keen can enjoy and connect with others. As I often get asked if it’s possible to buy a house in Canada as a non-resident, this blog is aimed to answer all your questions around this topic.

23 Nov, 2022 woman planning home renovations in vancouver

Are you considering a home renovation in Vancouver BC? Then you might be thinking about how to finance it and the key things you should keep in mind. First, you should start by evaluating your current financial situation and figure out how much you can afford to put toward the renovation. If you have equity in your home, you may be able to finance the project with a home equity loan or line of credit. Another option is to take out a personal loan from a bank or credit union.

28 Apr, 2022 woman searching for private mortgage lenders for self employed

Interested in learning about what private mortgage lenders offer for the self-employed? This article will answer popular questions around self-employment financing and teach you how to get the loan you’re after.

When talking to BFS  — business-for-self — individuals, most of them are unhappy with the many write-offs they receive, which, in turn, lowers their income. 

The discussion often drifts into comparing the taxation rate with the bank’s mortgage rate, but here is the trick; when looking at the whole picture with the goal of saving money, the tax rate should be compared with the interest rate. This is what makes alternative mortgages substantially cheaper.

Taxation is one thing. Interest is another.

Here are a few tips to help you find a mortgage lender, traditional or private while maintaining your status as self-employed. 

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