Second Mortgages

Second Mortgages

A second mortgage is a mortgage taken out while you are still paying on your first mortgage. Second mortgages are secured by the amount of equity you have in your property, once the first mortgage pay off balance is deducted from the fair market value of your property. A second mortgage is in second position in the case of bankruptcy, giving the lender more risk. This additional risk could increase the interest rate on your loan.

Second Mortgage Application Form:

To apply, simply fill out our two minute second mortgages form. It comes with a 100% no obligation guarantee. Should you wish to cancel at any point, there will be no fees to pay on your part.