Dan Papadapoulis's (homeequitytoronto) Blog

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Mortgage and Lending - Mortgage Central Nationwide - M08005776
RECENT BLOG POSTS
Getting a Home Equity Line of Credit in Canada means tapping into the equity you’ve built in your home through a line of credit. It is a way of utilizing the value of your home that you truly own. Note that it only sounds similar but is not the same as an unsecured line of credit.HELOC ExplainedA...
06/08/2018
Living on a fixed income can be very financially stressful with the ever increasing cost of everyday living. Are you aware that Canadians over 65 have been getting more in debt lately? This data was shared in a September 2017 report by Equifax Canada and could be a significant factor why more ret...
05/22/2018
Bitcoin is a digital currency that was created to make paying for things a lot easier, but things didn’t end up like that. Today, Bitcoin is being used and abused by scammers worldwide. While there is blockchain that is meant to protect Bitcoin, it is clearly not enough to protect most people fro...
04/18/2018
Tapping your home equity is often the most convenient way to come up with a significant amount of cash in a relatively fast way. There is no need to sell taxable holdings and incur extra taxes and all you need is an approval.Here are 3 ways to tap your home equity with secondary home loans:Apply ...
03/22/2018
Owning a home is perhaps one of the smartest long-term investments towards one’s future an individual can make. Home equity can provide a good amount of security for when someone is older and can even be an emergency source of cash, such as when you apply for a HELOC. No wonder millennials compro...
03/22/2018
Choosing between a HELOC and a second mortgage can be confusing because both are loans that are attached to your home. Technically speaking, a HELOC and a second mortgage are both second mortgages, because you can only apply for them on top of your primary mortgage…so which is better and how are ...
03/22/2018
Owning a home comes with the benefit of being able to build wealth through home equity. The good thing with having a good amount of home equity is that you can tap your equity when you need funds or need extra cash. However, you must be careful that you don’t end up using it for frivolous things....
02/14/2018
We recently talked about our Top 2018 Cyber Security Predictions and here is the second and last part to this series. Cyber security threats are on the rise and it won’t hurt to be as well-informed as possible to keep your business and private accounts safe. Here are more internet security predic...
02/14/2018
As a realtor, you know 2018 is already in full swing, but are you aware of the possible new threats in cyber security that’s lurking the web? We only have predictions and of course we hope that very little of the following would be true and that we’ll have a safer year as far as cyber security is...
01/30/2018
Debt in Canada has reached a record high. Canadians now owe $1.7 for ever $1 of disposable income, as shared by Statistics Canada. These numbers are alarming and it is a consolation that our housing market is strong. You might love to know that there’s a huge possibility that you’ve built up more...
01/30/2018
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Dan Papadapoulis

Home equity loans, second mortgages Toronto
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