Get qualified for a Second Mortgage with Mortgage Loan Ontario

Qualifying for a second mortgage in Ontario is quite straightforward. The process is stress-free and our team of professionals has the experience and knowledge to secure the right mortgage for you.

Since most mortgages are given by private lenders, there is very little importance given to the income level of the borrower and their creditworthiness. The most significant factor to lenders is the asset itself, which will be used as collateral to secure the mortgage. Other factors lenders will consider include, the condition of the property, the overall marketability etc.

Keep in mind, securing a second mortgage is a serious undertaking, as you could potentially end up losing your property if you are not able to keep up with your monthly repayments. Proceed with caution and evaluate the problems that you could experience from taking on additional debt.

Whatever your requirements may be, we have access to several lenders who offer a plethora of second mortgage solutions. We will work with you to get the best rates that are available to you. Our team of licensed mortgage brokers can help you get approved for a second mortgage today.