Ottawa Second Mortgage
No Income/Credit Needed - Access the Maximum Equity in Your Home. You are APPROVED on EQUITY NOT Credit.
Do you need a Mortgage Loan to Pay off Your Debt?
Do you have equity in your home? If so, you can get approved for a second mortgage in Ottawa through private lenders quickly with no credit or income qualifications. The equity in your home allows you to take out a second mortgage even if you have or are dealing with:
If you are living in Ottawa, Gloucester, Kanata, Nepean or the surrounding areas and you need access to cash quickly to pay off debts or other urgent matters, you would be happy to know that you can borrow funds against the equity in your home. I work with a large pool of Ottawa second mortgage and private lenders with flexible lending policies that can provide funding in a short span of time based on equity alone. Most of these programs and private mortgage lenders do not even consider your income, credit or past history. The amount of cash you can borrow is directly tied to how much equity you have in your home.
How Does a Second Mortgage Work?
A second mortgage is short term equity loan generally one or two year term although it could be longer, provided by private lenders, individual or institutions based on the equity in your home without the need to modify the existing first loan; thus, it is called a second mortgage.These loans are provided by private mortgage lenders or institutions who choose to invest in mortgages that are secured by real properties instead of investing in stocks or bonds. The main advantage of these loans is that you can qualify for a loan despite your current or past financial crisis to take care of urgent matters such as paying off high interest credit cards or judgments issue against you as well as to perform home renovations or even use it as a down payment toward purchasing an investment property.
WHY GET A SECOND MORTGAGE
Get Cash QUICKLY & EASILY
Renovate / Invest
Bad Credit OK
FAST 48Hr Closing
Areas Serviced and Types of Properties Supported
What Are the Rates and How Can I get a Low Rate?
Instant Approvals and Quick Funding Services Available
I am fully aware of the urgency of your situation and I work fast to get your application approved and provide the funds you need. Many of the lenders have quick closing mortgages that can provide you with the funds you need in matter of only a few days.
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!!!