36
Owning a home in Canada often comes with stress, especially given the Mortgage Stress Test introduced by the government. This test ensures borrowers can manage mortgage payments even if interest rates rise. While it protects homeowners from financial overextension, it has made qualifying for a mortgage more challenging.
Alternative lenders like PADS Financial provide solutions for those struggling with the stress test. By offering flexible home equity loans and refinancing options, PADS empowers borrowers to meet their financial goals without added anxiety.
Discover how PADS Financial helps Canadians navigate the stress test and secure the financing they need to thrive.
