If your financial situation is good and you have outstanding credit you will probably qualify for a bridge loan. Bridge financing in Edmonton can be used for many different things. It has benefits for people that need to secure money quickly and for a short amount of time.
If you have poor credit owning a home may seem so far out of reach that you have not even considered that there may be a bad credit home loan out there that is right for you. Having bad credit doesn't have to mean that your dreams of owning a home are over.
A debt consolidation loan is an incredibly useful tool for managing outstanding credit accounts and paying them off faster. Debt consolidation simplifies your finances by allowing you to combine all your monthly bills into a single payment.
Getting a second mortgage with bad credit is not a simple process. Even if you have equity built up in your home, lenders may deny you financing based on your credit history. Fortunately, there are a few simple steps you can take to improve your chances of being approved– even if you have black marks on your credit report.
Borrowing against the equity in your home is a convenient way to access the funds needed to purchase a new car, pay for your children's education, or even buy a second home. But how much can you really borrow with a home equity loan. While the value of your property is an important factor in determining how much you can borrow with a home equity loan, there are several other criteria that lenders will consider – specifically, your loan-to-value (LTV) ratio and your debt-to-income (DTI) ratio.
A debt consolidation loan can be a valuable tool for managing multiple bills and reducing debt, but this type of lending isn't for everyone. Here are a few important things to consider when determining whether this type of loan is the right solution for you
A blemished credit history is one of the largest obstacles prospective Edmonton homeowners face when shopping for a mortgage. The good news is that having a less-than-perfect credit score doesn't necessarily mean you can't purchase your dream home. Here are a few steps you can take to obtain a bad credit home loan.