by elevation-entry | May 21, 2026 | Divorce & Separation
Qualifying for a Mortgage After Separation Going from two incomes to one is challenging. But many people successfully qualify for mortgages after separation — sometimes for more than they expected. Here’s how lenders assess your situation. How Support Payments...
by elevation-entry | May 21, 2026 | Refinance & HELOC
Using a HELOC for Investment Purposes A HELOC isn’t just for renovations or emergencies. Many Canadians use their home equity to invest — and when done properly, the interest may even be tax-deductible. Here’s how it works. The Smith Manoeuvre Named after...
by elevation-entry | May 21, 2026 | Refinance & HELOC
Understanding Mortgage Prepayment Penalties Want to refinance, but worried about the penalty? You should be — prepayment penalties can be significant. But sometimes they’re worth paying, and sometimes there are ways to minimize them. How Penalties Are Calculated...
by elevation-entry | May 21, 2026 | Refinance & HELOC
Debt Consolidation Through Refinancing Credit cards at 19.99%. Car loans at 7%. Lines of credit at 8%. Meanwhile, your mortgage is at 5%. Does rolling all that debt into your mortgage make sense? Often, yes — but let’s look at the full picture. The Rate...
by elevation-entry | May 21, 2026 | Refinance & HELOC
How Much Equity Can You Access? Your home is likely your largest asset, and over time, you’ve built up equity through payments and appreciation. How much of that equity can you access? Here’s the math. The 80% Rule Through a refinance, you can typically...
