Creative Solutions
Look no further for creative solutions to your financings needs. A second mortgage can be structured to assist in many different use cases. It is important when finding a private lending option to understand the entire strategy.
Insider Tip : "You can pre-pay your mortgage with existing equity to avoid monthly payments."
01
Bridge Financing
Are you in the process of buying and selling? A private second mortgage can help you ensure you have a deposit and/or down-payment ready for your new property.
02
Renovation Loan
Looking to increase your curb appeal, lifestyle or perhaps your rental property in order to get the best yield for your investment? A second mortgage might be right for you.
03
Debt Consolidation
Are your high interest credit cards/lines of credit or auto loans creating a cash-flow pinch? A second mortgage can consolidate your debts into one simple monthly payment to relieve some pressure and not trigger refinance penalties.
04
Emergency / Unexpected Expense
Have you lost your job, been laid off or encountered an emergency impacting your financial stability? A second mortgage can help provide you with short term cash to help you through tough times. No income/credit requirements are needed.