Second Mortgages and Home Equity Loans in Kitchener and Guelph, Ontario

 

Home equity loans and second mortgages in Kitchener and Guelph can easily provide you the money that you would like. Second mortgages work extremely well for many unique purposes including paying off credit debt, complete home renovations, individual debts, education costs and even for that the necessary vacation.

 
Second mortgages in Kitchener and Guelph are mainly based on the amount of equity in your residence;  second mortgages do not depend on your credit score, income level or your own employment history. Consequently most people who tend not to qualify for a conventional mortgage can be eligible for a second mortgage loan in Kitchener and Guelph because of the high level of equity in your house.

 
The maximum mortgage to value pertaining to second mortgages in Kitchener and Guelph is 85%, but most second mortgages in Kitchener and Guelph have a loan to value ratio below 80%. Second mortgages in Kitchener and Guelph may have a higher interest rate than traditional home but properly used second mortgages can save people money by lowering the interest costs.

 
As second mortgage loan agents in Kitchener and Guelph we can quickly help you to get the funds you would like, with our free consultation we can tell you within minutes should you qualify for credit.