Second Mortgage

There are several reasons why an individual might take out a second mortgage on their home, from renovating their house to paying for their children’s post-secondary and much more. With the help of a second mortgage, the borrower can tap into their home’s equity to take care of their expenses. Let us, however, understand what…

Second mortgages are a special type of loan that can be very helpful when used in the right situation. A mortgage brokerage, such as One Mortgage Group, can help you select the right type of mortgage or even a second mortgage. What is a Second Mortgage? A Second Mortgage is a loan, given in addition…