The second mortgage is what it sounds like, it's an additional mortgage on top of an already existing one. The second mortgage is generally a higher risk mortgage for us as lenders as the second mortgage is a lower authority than the first. For this reason private rates can be higher for borrowing on these types of mortgages.

 

You've come to the right place to get you on track for a second mortgage, we have creative ways that can make these types of mortgages quick and manageable. These mortgages do not need to be income based, but can acquired through equity, for this reason we can make it a quick turn around getting you approved. Get in touch today so we can help you get everything you need for a competitive rate with a quick turnaround time.