Dan Papadapoulis's (homeequitytoronto) Blog

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Mortgage and Lending - Mortgage Central Nationwide - M08005776
RECENT BLOG POSTS
An up to $5 million offer will be rewarded to whistleblowers for Ontario’s securities regulator newly launched whistleblower program. The program’s aim is to lead to the prosecution of fraudsters, fraud being one of the biggest reasons for business losses of billions of dollars a year. With this ...
01/25/2021
A new year is a time for new beginnings, but unfortunately, it is also a new year for fraudsters to ramp up their cybercrime acts and commit online scams. Senior officials from top scam detection and cybersecurity agencies in Canada have banded together to warn Canadians about an impending rise i...
01/13/2021
With the coronavirus (Covid-19) pandemic still raging across Ontario and all of Canada, it is more important than ever for businesses to follow government health guidelines.Many businesses have made the decision to allow employees to work remotely, doing there part to help flatten the curve. Alth...
12/21/2020
Fraudsters and scammers do not rest during the holidays and so officials of the Canadian Anti-Fraud Centre are working with the police overtime to warn Canadians about the 12 common types of holiday fraud in Canada.Fraud CharitiesThis is the season for giving and the season for fake charities tha...
12/21/2020
Although we are in the middle of a surging pandemic and holiday parties aren’t happening as they usually do, you may still find yourself in a situation where it is harder to say no to indulging in alcohol. Maybe you’re not the partying type, but had a bit too much to drink at a socially distanced...
12/21/2020
Homeownership is a dream for many. Unfortunately, some people take advantage of this and commit fraud. Even with the COVID-19 pandemic going on, it seems that there is an increased incidence of real estate fraud in Canada.Real Estate Fraud is on the RisePlenty of homeowners face challenging finan...
10/27/2020
There is an increase in the occurrence of title fraud in Canada as well as other types of real estate fraud in recent months. With everything going on, fraudsters are taking advantage of the pandemic to take over properties. They pose as the owner and pretend that they’re just normal people who a...
10/23/2020
Applying for a home equity loan is getting more attention these days as more people need access to the value they’ve built up in their home equity. As a type of second mortgage, a home equity loan helps people get a lump sum of cash that they can use to achieve their financial goals, may it be de...
10/22/2020
Deciding whether to get a second mortgage or not is a serious financial decision. After all, applying for a second mortgage means using your home equity as collateral for a loan.How Does a Second Mortgage Work?When you apply for a second mortgage, the money lent to you is held against the value o...
10/22/2020
There are many things to consider before getting a second mortgage. First is the fact that a second mortgage is a loan that goes on top of a primary mortgage, meaning, it is an additional loan that uses the home’s equity as collateral. Another big factor is whether the purpose of the loan is wort...
10/22/2020
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DanPapadapoulis

Home equity loans, second mortgages Toronto
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