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Refinancing - Second Mortgage

A second mortgage is a loan that a bank registers on your property behind the existing first mortgage. The main advantage of securing a second mortgage is that your first mortgage remains in place and it doesn’t need to be paid out. Though second mortgages are typically offered at a substantially higher interest rates, it could be still more advantageous to choose this route compared to possible penalties and/or mortgage insurance premiums that you might need to pay when doing equity takeout/refinance.

• Refinance up to 95%
• Home Equity Line of Credit
• Self Employed
• Home Equity Line of Credit
• Second Mortgage

It is the first time I ever used services of a mortgage broker, and for sure I will do it again. I am very pleased with Lena's service, level of expertise and what I find most important, she actually delivers what she promises - no games, no gimmicks. She got me an unbelievably low rate, met with me after work to sign all the papers, and her services cost me absolutely nothing. You can't go wrong here! Thank you!

Kim J. - Calgary

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