get your second | mortgage

Get approved in I
3 simple steps

Step 1

Type of Loan

Purchase
Refinance

Mortgage Request

1st Mortgage
2nd Mortgage

Rate Highlights

  • Rate 1

    3.2% - Second Position Line of Credit
    Owner Occupied Only
    Minimum beacon score 650

  • Rate 2

    4.99% - Up to 90% LTV
    Major urban areas

  • Rate 3

    Starting at 6.99%
    Credit score under 600

Step 2

Property Value

Min
Max

Mortgage Request

Min
Max
Step 3

Contact Info


PRIVATE MORTGAGE
LOANS

24 HOURS APPROVAL

Unlike many different mortgage companies - we have an “almost” instant approval process. In most cases we can provide a “soft” approval within a few hours using our proprietary technology made for our private lenders - and their risk model.

QUICK CLOSES

We close deals fast, we have access to private lenders that provide all sorts of loans, including hard money loans, construction financing, renovation loans, debt consolidation loans and equity take out loans.

FREE APPRAISALS

We will reimburse you the cost of your appraisal up to a maximum of $350 for every closed file.
You will pay for the cost up front and collect a receipt of payment. Upon closing the loan we will provide you up to $350 back!

LOWEST RATES

Unlike many other private lenders who only offer their own products, or who charge high fees - we firmly believe in setting our clients up with a fair policy and an exit strategy.

WHOWEARE

We are a division of Dominion Lending Centres - Canada's Largest Private Mortgage Brokerage. We span all across Canada - and aim to serve Canadians manage their debt and make smart financial decisions. At Second Mortgage Rates we provide transparent options for clients in a subset of the mortgage market that can be scary or unknown to many consumers.

We handpick and select our lenders based on client feedback and ensure they are not only trustworthy but also competent and understanding. We know that debt can feel like a big burden, especially when its at high interest rates.

WHY GET A SECOND MORTGAGE

Getting a second mortgage from us, can help you save interest on your outstanding debt - while also providing you a good alternative to breaking your existing first mortgage and paying a hefty penalty.

We work with you, and the lenders, to ensure that when you are up for renewal, you can consolidate your loan into a lower interest rate. A second mortgage is a short term solution that will help you have more cash-flow monthly.