ENB Insights

With the 2018 tax season underway, all customers should take extra precaution when filing their return to prevent their exposure to tax fraud.

You’ve probably heard of phishing. But do you really know what it is - and more importantly, how to protect yourself from falling victim to it? Phishing scams have become very sophisticated, but there are some simple things you can do to protect yourself and keep your personal information safe.

Additions and major home renovation projects make your house feel more like a home and potentially boost its functionality and resale value. But unless you are in a position to pay cash for renovations, you’ll be looking to finance them in the form of a loan.  There are many different options you should consider based on the scope of your project, amount you are looking to borrow and the equity available in your home.  Here we’ll discuss three of the more common ones that are available to borrowers today.

Companies sometimes make the mistake of evaluating their finances based on all transactions – cash and credit-based – at the time they take place, which may overestimate assets in hand and not give a clear picture of the company’s financial health.

With interest rates rising, like they have over the past year, borrowers with variable rate Home Equity Lines of Credit tend to start thinking about how they can convert to a fixed rate to avoid further increases in the interest they have to pay on their outstanding balance.

When you need business funding, lenders will evaluate your creditworthiness based on 6 key attributes. Doing so gives them insight into how much risk they are likely to take on if they give you a loan and helps them determine just how much money they will lend you. Ready to grow your business? Don’t wait to master these 6 C’s of…

A question we are commonly asked by people looking to borrow with the ENB HomeLine is…what is Loan to Value Ratio? People notice the terminology in advertising disclosures and elsewhere, but often don’t know what it means. We explain in our latest blog.

You’ll want to weigh your options carefully and choose the type of mortgage that makes the most sense for your individual situation.

As long-term interest rates remain at near-historic lows, it seems like everyone from casual acquaintances to close relatives has an opinion on how far rates have to drop before it make sense to refinance. With so many different points of view, how does one make a decision that’s right for them?  We’ve come up with 5 questions to ask yourself in order to decide if refinancing your home mortgage is right for you.

Should you rent or should you buy a home? Learn the 6 questions you need to ask to weigh the benefits and drawbacks for both.