905–886–5626

Toll Free: 1–866–820–1818

 

Second Mortgage

Get Attractive Rates and Terms on Second Mortgages

Looking for a second mortgage with competitive rates and flexible terms? We can present you with a number of offers from our vast lender base. As one of Canada’s most respected mortgage brokers, we have helped many homeowners get the best available deals on second mortgages.

A second mortgage is a good option for homeowners who need quick access to cash for any financial needs. You can convert a part of or most of your home equity into cash.

An updated appraisal can help you find out the total value of the property and home equity available to you. Mortgage Central can make the process of getting a second mortgage quick and easy.

Get Attractive Interest Rates and Favorable Repayment Schedules

A second mortgage typically comes with more favorable rates and terms than the primary mortgage. Mortgage Central sweetens the deal further by offering some of the most competitive rates on the market. Get a second mortgage that not only delivers monthly savings but also offers a more favorable repayment schedule.

Explore the multitude of options at Mortgage Central and get expert advice from our professionals to identify the best deal. You can get loans up to 85% of your home equity on equity based mortgages, open mortgages and line of credit mortgages. Secured second mortgages from Mortgage Central allow you to borrow up to 95% of your home’s value.

Save Time with Minimum Paperwork

At Mortgage Central, getting a second mortgage is easy. You don’t have to deal with unnecessary and long-drawn out formalities. Our loan specialists will help you with the paperwork and kick start the loan approval process in no time at all.

Call us Today

To find out more about our second mortgage solutions, call us today or reach us through our online contact form. If you prefer to talk to us in person, schedule a free consultation with a few clicks.

Apply Online Now

 

We respect your privacy. Your email will not be shared.

Our Rates

Term: Our Rates:
Prime Rate 3.00 %
1 Year Fixed 2.79 %
3 Year Variable 2.90 %
3 Year Fixed 2.69 %
5 Year Variable 2.65 %
5 Year Fixed 2.69 %
10 Year Fixed 3.79 %

* Note: Rates are subject to change
without notice. Please contact us for
more information.

Rates as of May 7th 2013

 
Testimonial

“I had a difficult time getting a loan from the bank. Mortgage Central got me approved for a loan within 24 hours at a great rate.”

T. Donovan

Testimonial

“Mortgage Central consolidated my credit card debt into something that was much more manageable, saving me money and giving me peace of mind..”

G. O'Reilly

Testimonial

“Not only did Mortgage Central help me refinance my mortgage, which greatly reduced my mortgage payment, but they were very professional and pleasant to work with.”

V. Cutts