A Team of Experts
Get expert tips and guidance from a community of renown personal finance experts right here at Loans Canada. We're here to help you stay informed so you can make the best financial decisions.
Latest heloc Articles
Guide On How To Use A line Of Credit
By Caitlin Wood, BA
Updated on June 13, 2025
Learn how a line of credit works, how to qualify, how to use it wisely, and how it compares with other borrowing options.
Home Equity Line Of Credit Vs. Line Of Credit
By Lisa Rennie
Updated on December 2, 2024
A HELOC and personal line of credit may seem similar, but there are many differences you should know about before opting for either option.
HELOC, Refinance, Or Second Mortgage?
By Priyanka Correia, BComm
Updated on November 29, 2024
HELOC, Refinance or Second Mortgage - what's your best option?
Second Mortgage Rates
By Chrissy Kapralos
Updated on November 4, 2024
Discover how second mortgage rates fluctuate and change in Canada according to region and other factors. See what influences you 2nd mortgage rate.
Should You Use Home Equity As An Emergency Fund?
By Lisa Rennie
Updated on November 4, 2024
If you have a financial emergency would tapping into your home equity be a good idea? Find out if a HELOC or home equity loan in a good option.
Can You Use Your Home Equity To Pay For Long-Term Senior Care?
By Lisa Rennie
Updated on September 16, 2024
While some seniors have enough savings to cover long-term care, others do not. Find out how you can finance these costs, including using your home equ...
Can You Use A HELOC To Buy A Car In Canada?
By Lisa Rennie
Updated on September 13, 2024
If you could use a HELOC to buy a car instead of a car loan, should you use it? Find out if using a HELOC to buy a car is a good option for you.
Understanding Mortgage HELOC Rules
By Lisa Rennie
Updated on July 2, 2024
Thinking about taking on a HELOC to cover an expense? Be sure to understand the Mortgage HELOC Rules before you make your final decision.
When Can I Tap Into My Home Equity?
By Lisa Rennie
Updated on June 7, 2024
Do you have equity built in your home? Wondering when you should leverage your home equity for cash? Find out when to tap into your equity?
How To Build Home Equity In Canada
By Bryan Daly
Updated on June 7, 2024
As you pay down your mortgage loan, you're building up home equity. Did you know that you can use this equity to help borrow against your home?
HELOC vs. Home Equity Loan For Homeowners
By Lisa Rennie
Updated on June 7, 2024
What are the differences between a HELOC vs home equity loan? Which financing option works better for you? Read on to find out more.
How To Get A Second Mortgage In Toronto
By Lisa Rennie
Updated on June 7, 2024
Are you interested in taping into your home equity and securing a second mortgage in Toronto? Find out how and where you can get one.
