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 home equity Articles
Using Your Home Equity To Buy A Car
By Bryan Daly
Updated on March 11, 2025
Do you want to buy a car? Do you own property? Did you know that a second mortgage is often cheaper than a car loan?
What Do You Need To Borrow Money In Canada?
By Lisa Rennie
Updated on January 2, 2025
When you need to borrow money, there are many options to choose from. But finding the right option can be hard. Let's find out which one is right for ...
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.
How To Finance Your Home Renovations For Accessibility
By Lisa Rennie
Updated on November 1, 2024
Are you considering making some home renovations for accessibility? Find out all the ways you can finance them,
What’s The Minimum Down Payment For A Second Home In Canada?
By Lisa Rennie
Updated on September 17, 2024
Are you planning on buying a second home? Find out how much you'll need to save as a minimum down payment for second home Canada.
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.
Can You Use Your Home Equity To Pay Off A Consumer Proposal?
By Lisa Rennie
Updated on August 14, 2024
Having trouble keeping up with your consumer proposal payments? Did you know that you can tap into your home equity to pay off your proposal early?
Can You Use Your Home Equity To Buy Another Home In Canada?
By Lisa Rennie
Updated on July 5, 2024
Using your home equity to buy another home in Canada is possible. Find out how you can use your home equity to buy a second home.
