(365) 305-3789

Info@eqtypros.ca

Unlock Your Home's Potential with a Second Mortgage

Tap into your home’s equity for renovations, debt consolidation, or unexpected expenses—flexible financing options designed to fit your needs.

What is a Second Mortgage?


A second mortgage is an additional loan taken out on a property that already has an existing mortgage. It allows homeowners to borrow against the equity in their home, using it as collateral, while still maintaining the original mortgage. Unlike refinancing, a second mortgage does not replace the first mortgage; it adds an additional loan with its own terms, interest rate, and payment schedule.

Second Mortgage Benefits:

  • Access to Home Equity
    Leverage your home's equity to fund renovations, investments, or large purchases.

  • Lower Interest Rates
    Often more affordable than credit cards or personal loans, providing significant savings on interest.

  • Flexible Loan Amounts
    Borrow a portion of your home’s value, offering flexibility based on your equity and needs.

  • Debt Consolidation
    Combine high-interest debts into one manageable payment, potentially reducing monthly expenses.

  • Quick Access to Funds
    Faster approval and funding times compared to other types of loans, allowing you to act when you need it.

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Contact Info

Address: Unit 112 - 50 Richmond St. East, Oshawa, Ontario, L1G 7C7

Phone: 365-305-3789

Email: INFO@EQTYPROS.CA

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