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Home Finance

Home Finance

Renovation Loans vs. Mortgage Top-Up: Which is Right for You?

When considering how to fund a home renovation, Canadians often weigh two main options: renovation loans or a mortgage top-up. Both choices come with distinct benefits and potential drawbacks. In 2023, Canadian homeowners spent an average of $13,000 on home renovations, and choosing the right financing option is crucial.  A home renovation loan might offer […]