Danny Papadopoulos's (homebasetoronto) Blog

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Mortgage and Lending - Homebase Mortgages - 12785
RECENT BLOG POSTS
Holding on to debt via a credit card or several credit cards is not really a wise choice because of the sky-high interest rates, not to mention that trying to keep track of payments can be quite a chore if you have a few cards. Credit card debt consolidation by transferring your credit card debts...
04/19/2017
With how much we use credit cards these days, your credit score says a lot of things about you. It affects many aspects of your life and can affect your future because your credit score will have an impact on your future credit limit, borrowing, and other important aspects of your finances.Your c...
04/19/2017
You may be curious why some people are converting their credit card debt to a home equity loan. Why would they do that? Are there any benefits? To answer these questions, we’ve compiled 10 reasons on why transferring your credit card debt to a home equity loan is a great idea. Read on and be enli...
03/28/2017
Every home is not ‘just’ a home, it is an investment more than anything else. Being smart when purchasing a home means that you are tapping into better ways to secure your financial future, and one of those ways is using your home equity to invest in income property.What is an Income Property?Any...
03/28/2017
Making money from real estate investments takes some real financial know-how. If you don’t have enough money to purchase a property to sell for profit and don’t know where to get funds, then you’ve already failed before you even started, or not!Gone are the days when the only folks who can flip r...
03/02/2017
A second mortgage is basically what its name says it is. It is a kind of loan that a homeowner can take using the home as the collateral while still having another loan secured by the same house.In other words, a homeowner will be adding to his or her overall debt burden by taking a second mortga...
02/27/2017
Neutral interest rates are coming every Canadian’s way, but will it be the new normal or just a fleeting thing? Bank of Canada governor Stephen Poloz says interest rates may still fluctuate, but he’s certain that they would be significantly lower than prior the financial crisis.Poloz made the sta...
02/27/2017
2017 is the year of exciting updates and upgrades to Toronto’s transit system. Below, we share with you 6 of the upcoming major transit projects in Toronto that you should absolutely look forward to.SmartTrackThe heavy rail that’s supposed to go along Eglington has been taken off the table, and t...
02/27/2017
If you’re a homeowner, the thought of getting a second mortgage may have crossed your mind from time to time; more so that when used wisely, second mortgages can help you buy a new property, consolidate old loans, or even start a new business. There is no doubt that a second mortgage can be great...
02/22/2017
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Danny Papadopoulos

Offering Private & Second Mortgages in Toronto
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