Borrowing against home equity

Author: External Author | | Categories: Home Equity Line Of Credit , Mortgages

Borrowing-against-home-equity-Canada-ca.png

Home equity is the difference between the value of your home and how much you owe on your mortgage.

For example, if your home is worth $250,000 and you owe $150,000 on your mortgage, you have $100,000 in home equity.

Read More

Original Article Source Credits:   Canada.ca , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:   

Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/mortgages/borrow-home-equity.html#toc3



READ MORE BLOG ARTICLES