Articles about Second Mortgage

Second Mortgages — What is it and How it works?

Applying for second mortgage can be easier than you think, second mortgage lenders are looking for several things when it comes to lending you a second mortgage. First and foremost an appraisal needs to be completed on the property, this … Read More

How to Avail Private Commercial Mortgages in Alberta

Private commercial mortgages in Alberta come in all shapes and sizes. The type of property can range from an Office Buildings & Towers, Industrial Warehouse/Office, Retail Malls and Strip Centres, Condo Construction & Multifamily Residential, Independent & Assisted Living Senior … Read More

Uses for Private Second Mortgages

While they can be used for purchases, one of the most popular borrower uses of private mortgages is second mortgages, which can supplement bank financing (Many banks do not grant second mortgages). This could be the case if the borrower … Read More

Why Private Mortgage is an ideal Finance Option For You

Most borrowers – real estate investors included – think of private mortgages as a last-resort option if they can’t secure financing anywhere else. But private mortgages are gaining traction as a financing option due to the new mortgage rules set … Read More
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