member profile picture
Posts: 2
Credits: 37.3

Hey all

I am facing a business loss. And in need of a huge amount to recover the loss. So, thinking of choosing some loans wisely. I came to know, there are two main types of home equity loans, the standard one, where you borrow a single lump sum and HELOC, where the lender authorizes to borrow small sums as needed, up to a certain fixed amount.

Which can be the best option for me? What about the interest rates? Is it variable or fixed?

How can mortgage brokers help us in taking a home equity loan? Should we check for the eligibility with a tax advisor? I came across several mortgage brokers in Toronto helping with home equity loans . If you have previous experience with some mortgage brokers before, kindly recommend. Waiting for your replies. Thank you.

This is not a canada based community

Sub: #1 posted on Mon, 12/18/2017 - 11:24


More information
  • Files must be less than 1.25 GB.
  • Allowed file types: txt pdf jpg jpeg png.
Post as a guest
This question (Case Insensitive) is for testing whether you are a human visitor and to prevent automated spam submissions.
Post as a member

Share post

Page loaded in 0.751 seconds.