Second MortgageSolutions
Access your home equity without breaking your existing mortgage. Fast approval, flexible terms, and solutions for every credit situation.
Benefits of a Second Mortgage
Access funds quickly without disturbing your existing mortgage rate or paying break penalties.
Access Your Equity
Tap into your home equity without breaking your current mortgage or paying penalties
Quick Approval
Second mortgages can be approved and funded in as little as 5-10 business days
Flexible Qualification
Less stringent qualification compared to refinancing - focus on equity rather than income alone
Keep Your First Mortgage
Maintain your existing low-rate first mortgage while accessing additional funds
When a Second Mortgage Makes Sense
A second mortgage is a versatile financial tool. Here are the most common reasons homeowners choose this option.
Debt Consolidation
Combine high-interest debts into a single second mortgage at a fraction of the cost.
Home Renovations
Finance major renovations that increase your home value and improve your living space.
Down Payment
Use equity from your current home to fund a down payment on an investment property.
Emergency Funds
Access emergency funds quickly without the lengthy process of refinancing.
Four Steps to Your Second Mortgage
From equity assessment to fast funding, we streamline the entire process.
Equity Calculation
We determine your available equity based on your home value and current mortgage balance.
Needs Assessment
Understand your financial goals to recommend the right second mortgage product and terms.
Lender Selection
Match you with the best lender from our network of institutional and private lending partners.
Fast Closing
Complete the approval, legal work, and funding quickly - often within 1-2 weeks.
When to Choose a Second Mortgage Over Refinancing
Your first mortgage rate is low: If you locked in a great rate, refinancing means losing it. A second mortgage lets you keep your low rate and access equity separately.
Penalty costs are too high: Breaking a fixed mortgage early can cost thousands in penalties. A second mortgage avoids these costs entirely.
You need funds fast: Second mortgages, especially from private lenders, can close in days rather than weeks. Ideal when timing matters.
Credit challenges: Second mortgages are more equity-based, making them accessible even with bruised credit or non-traditional income.
Second Mortgages Across the GTA
Second Mortgage Questions
Everything you need to know about second mortgages.
Ready to Access Your Home Equity?
Get a free second mortgage assessment. Find out how much equity you can access and at what rate.