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:


Bankruptcy
Power of Sale
Tax Arrears
Mortgage Arrears
Low/No Income
No Employment
Bad Credit/No Credit

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

Debt Consolidation

Lower your monthly payments by paying out high interest debt and credit cards

Renovate / Invest

Use the funds to renovate your home or as a down-payment for a new purchase

Mortgage Arrears

Pay out tax and mortgage backlogs to save your home from the province

Emergency Cash

Access to quick and easy cash to pay consumer proposal, judgements or urgent bills

Bad Credit OK

Your credit is not an issue, all credit types accepted

Past Bankrupticy

Your past bankruptcies won't stop you

Consumer Proposal

Pay off your consumer proposal
FAST 48Hr Closing

FAST 48Hr Closing

Fast approval & quick closing mortgages available

Areas Serviced and Types of Properties Supported

With access to an extensive pool of private lenders and second mortgage lenders, funds are available for all residential properties in Ottawa, Gloucester, Kanata, Nepean as well as from the bank of Ottawa River to Brockville and Kingston. You would be glad to know that funds are even available for properties in the rural district. Call me today to discuss your financing needs and secure a low rate financing for your property.

What Are the Rates and How Can I get a Low Rate?

To provide you with the most optimal financing, I shop your mortgage around with many private and second mortgage lenders in Ottawa to find you a great rate. Since I am not restricted to any one lender, my job is to find you the best deal. Call me today or apply on line so that we can get you the financing you need today.


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 MortgageSecond Mortgage
Current Home Value $400,000Current 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/monthAuto Loan = Paid
$20,000 Credit Card @ 18% = $600/monthCredit Card Debt = Paid
$10,000 Store Card @ 28% = $300/monthStore Card Debt = Paid
Total $2,488/monthTotal $1,413/month
You Save $1,075/month!!!