Cabmbridge, Waterloo and Kitchener Second Mortgage
No Income/Credit Needed - Access the Maximum Equity in Your Home. You are Approved Based on EQUITY NOT Credit.
Is the Burden of Debt Making Your Life Difficult?
If you are stressing about how you can remove the huge burden of debt off your shoulders then you may find relief in knowing that if you have equity in your home, you are approved for a second mortgage by our private lenders that are offering bad credit mortgages and home equity loans in Kitchener. You can then use this loan to pay off your high interest credit card debts and take the proper steps to become debt free. The equity you have built in your home allows you to take out funds even if you are have or are currently suffering from:
What is the Advantage to You?
There are many reasons why homeowners choose to take out a second mortgage in Cambridge, Kitchener or Waterloo, but here are some of the advantages associated with taking out an equity loan. If you have a good interest rate on your fist loan you can rest assured that your first loan is not touched since as the name gives it away a second mortgage is taken out on top of the existing loan and thus no changes is made to your current loan. If you now have poor credit, then the loan is like a bad credit mortgage provided by private lenders that can provide you with needed funds with out and credit or income requirement
You can use the funds to consolidate all high interest debt into a single loan with more favorable rate and substantially lower your monthly payments so that you can become debt free sooner.
You can use the second mortgage to resolve any outstanding issue that requires attention such as paying a judgement or collections against you, carry out much needed renovations or use it for down payment toward your next investment purchase.You have fast and easy access to cash since the only real qualifying factor is having equity in your home and thus you are able to access the funds in as soon as few days or a week.
Bad Credit is Accepted
No Income Verification
No Employment Verification
Lower Monthly Payments
Private Lender Network
Approval Based on Equity
Great Low Rates
Fast Approval & Funding
How Can I Get Approved If I Have Bad Credit History and No Income?
What is the LTV Provided?
How Long Before the Funds Can Be Advanced?
Rest assured that I work hard to get you approved quickly and I have quick closing mortgages so that you can receive the funds you need in time.
Pay Off All High Interest Debts and Get a Fresh Start on Life
Take Back Control of Your Life - Substantially Lower Your Monthly Payments using a Low Rate Equity Loan
|Current Mortgage||Second Mortgage|
|Current Home Value $400,000||Current Home Value $400,000|
|$200,000 Existing 1st Mortgage = $1,163/month||$200,000 Existing 1st Mortgage = $1,163/month|
|Before Taking Advantage of Home Equity||$50,000 2nd Mortgage = $250/month|
|$20,000 Auto Loan @ 10.0% = $425/month||Auto Loan = Paid|
|$20,000 Credit Card @ 18% = $600/month||Credit Card Debt = Paid|
|$10,000 Store Card @ 28% = $300/month||Store Card Debt = Paid|
|Total $2,488/month||Total $1,413/month|
You Save $1,075/month!!!