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SECOND MORTGAGE

As a Mortgage Brokerage in Ontario, we understand that there are situations when you will need a second mortgage. A second mortgage is an additional Secured Load taken out from the Equity in your Home and can be institutionally or privately funded. Most often this second mortgage can be a Home Equity Lines of Credit, but when our clients are faced with credit challenges, we opt for private fixed, interest ONLY mortgages. This second mortgage is registered against the property behind the Frist Mortgage.

Our Second mortgage program allows you to take up to 90% of the Equity (the sum total of the 1^st mortgage and second mortgage in ratio to the value of your home), in Ontario regardless of credit challenges, low-income, previously Bankruptcy or currently into a Consumer Proposal. We have great private lenders relationship, so getting you an Approval is very fast, as long as there is Equity in your Home.

A private mortgage is an excellent remedy to shield you from Foreclosures or Power of Sales. We believe that our client deserves “Simply the Best” services when processing their mortgage needs. Call us today at 1-877-316-1972 or email us at info@crown8capital.com