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.
- Consolidate higher interest debts into a single lower interest payment.
- Disposable income on hand (home renovation, tuition, medical fees)
- Financial management
- Creating a home equity line of credit
- Avoiding private mortgage insurance
- Tax deductible interest
- More lenders available
- Lower security rank order
- Higher interest rates
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.