What Is the Difference Between a Home Equity Loan and a Personal Loan? A home equity loan and a personal loan both offer one-time, lump-sum payments that are required to…
Tag: home
Does a Home Equity Loan Create a Lien Against Your Title?
A home is usually a valuable asset, and its prices tend to rise over time. Once you’ve built up a decent amount of home equity, your ownership stake can be used…
Can You Cancel Your Home Equity Loan?
A home equity loan—also known as an equity loan, home equity installment loan, or second mortgage—is a type of consumer debt. Home equity loans allow homeowners to borrow against the…
Millions of homebuyers warned about risky loans that could mean you’ll never own a home
BUYING a home is one of the biggest purchases you can make. Saving money during the process is ideal and avoiding a risky loan will help. 1 Risky lending options…
Be careful what you sign: Ontario man fighting for home after private mortgage gone wrong
A Markham, Ont., man is struggling to hold on to the home where he’s lived for 15 years after he signed on to a high-interest mortgage with a private lending…