Home Equity Loan vs. Personal Loan

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…

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…

Some Home Buyers Turn to Alternative Financing as Other Options Dwindle

Millions of American home shoppers have taken on risky and generally more costly alternative financing, in part because even creditworthy buyers may have trouble finding traditional mortgages for lower-priced properties,…

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…