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.
Loan-To-Value Ratio (LTV)
By Lisa Rennie
Updated on December 12, 2024
Everything you need to know about what a loan-to-value ratio is and how it can affect the loan application and approval process.
HELOC, Refinance, Or Second Mortgage?
By Priyanka Correia
Updated on November 29, 2024
HELOC, Refinance or Second Mortgage - what's your best option?
What You Need to Consider When Shopping For Low Interest Rates
By Caitlin Wood
Updated on November 18, 2024
Shopping around for the best and most affordable interest rate can mean the difference between saving a lot of money and carry debt you can't afford. ...
How Lenders Set Their Interest Rates (and How to Beat Them)
By Bryan Daly
Updated on November 18, 2024
Ever wonder how lenders set their interest rates? We've answered the most commons questions about interest rates to help you get the best rate and sav...
Should You Pay Off Your Home Buyers’ Plan Early?
By Jessica Martel
Updated on November 14, 2024
Learn about the Home Buyers' Plan repayment process. Find out how much you have to repay and when.
How Much Should A Down Payment For A Car Be?
By Lisa Rennie
Updated on October 4, 2024
Saving up to make a significant down payment will not only help make your monthly payments more affordable, but it can improve your chances of approva...
What Is The Maximum Amortization Period In Canada?
By Lisa Rennie
Updated on September 17, 2024
Your amortization period can affect your mortgage payments. Find out what is the maximum amortization period in Canada?
How To Finance Home Renovations
By Caitlin Wood
Updated on August 15, 2024
To finance home renovations, the money needs to come from somewhere. Have you considered tapping into your home equity?
How The Right Mortgage Payment Option Can Save You Money
By Jessica Martel
Updated on July 29, 2024
Find out how choosing the right mortgage payment option can save you money. From monthly to accelerated weekly, which option is the best for you.
Does Cosigning Affect Your Credit?
By Lisa Rennie
Updated on July 19, 2024
Thinking about cosigning a loan for a friend or family memeber? Make sure you fully understand how cosigning may affect your credit.
Interest Free Loans for First-Time Homebuyers in B.C.
By Caitlin Wood
Updated on July 18, 2024
British Columbia has announced a new initiative to provide first-time homebuyers with interest-free loans to increase their down payments.
Can My Mortgage Renewal Be Denied?
By Bryan Daly
Updated on July 4, 2024
Can a bank deny mortgage renewal in Canada? Mortgage loans must be renewed at the end of every term, but are you at risk of being denied?
