Home Equity Loans in Regina, Saskatchewan

A home equity loan in Regina, Saskatchewan or line of credit can provide you with the financial resources you need to pay off debts or take on a major expense, like home renovations or educational fees for you or your children.

Equity Loan
Use your home’s equity to consolidate your debts, renovate your home, pay off your credit cards and more!

There are a wide range of home equity loans in Regina, Saskatchewan which can make it tough to decide which options are best for your financial requirements. We can assist you by presenting you with a borrowing plan that is affordable and meets your specific needs.

Line of Credit and Specialists in Home Equity Loans

We are mortgage brokers. We do not deal with just one financial institution, but rather with a network of over 50 lenders. This neutrality assures you unbiased, expert advice and access to exclusive financing vehicles available through non-bank lenders.

Our network of lenders offers a wide selection of loan products, flexible amortization schedules and higher income allowances than those typically found at a most Canadian banks.

How Can We Help You

Homeowners of all income levels and financial situations have benefited from our expertise in using various forms of home equity loans to reduce their interest rates:

• Small business owners can use home equity financing against the value of their homes to help their businesses through times of slow growth and transition.
• People with debt consolidation in mind can use a second mortgage in Regina, Saskatchewan to pay off their debts. The interest rate on their home equity mortgage loan will be significantly lower, saving them considerable money in interest.
• Home equity loan mortgages can help a parent pay for their children’s post-secondary education or to send themselves back to school.
• Who does not dream of a brand new kitchen or bathroom? Major home improvements come at a cost, causing many people to forgo their dreams. Homeowners can tap into the equity in their homes to and acquire a second mortgage in Regina, Saskatchewan or to pay for remodeling and renovations.
• Family vacations, a wedding, or other expenses can be managed with an affordable loan.
• Unforeseen illness or other emergencies can tax anyone’s resources.Our mortgage agents in Regina, Saskatchewan can help in these difficult times.

An Example.

A client wanted a bad credit loan in Regina, Saskatchewan, his credit score was 540 which is low, the total LTV would be 70%, which is good. The bad credit rating came from not paying some credit cards on time and having a high balance on the cards. By paying off the credit cards we can now repair the clients credit, in about one year the client will be able to go back to a traditional lender and pay a lower interest rate. In this case we provided a short term loan, so that over the long term they can lower their monthly financing costs.

The amount of money you can borrow against your home depends on many factors, including the amount of equity in your home and your current financial situation. A typical home equity loan in Regina, Saskatchewan allows you to borrow up to 85% of the appraised value of your home.

If you are looking for an unbiased analysis of your financial situation and the potential gains that a home equity loan in Regina, Saskatchewan can offer you, call today to get a free, no-obligation quote.