2nd/3rd Mortgage

Do you need a private loan that has flexible lending criteria and negotiable conditions? Need to meet a tight deadline? A private 2nd or 3rd mortgage may be the answer.

Get a 2nd or 3rd Mortgage:

  • Be approved for your first-time mortgage, even when banks say no!
  • Your current home equity can be used to consolidate debts.
  • Refinance your home without paying huge penalties to the banks.
  • Poor credit? Trouble proving your income? No Problem!
  • Pay off collections, proposals, tax arrears, leans, and judgments.
  • Financing Luxury Properties.
  • Renovations for resale.

Case Study

STUDY 1: Consolidate Debts

Home Value:$850,000
Current Mortgage:$300,000
Need: $312,000

Client A had vast credit card debts, at an interest rate (*APR) of 19.99%.


The large debt owning made making ends meet difficult.

Refinancing early carried an estimated $7,500 fine.

The client is self-employed and has difficulty verifying incoming.

Due to the debt, the client was unable to pay their income tax on time.


2nd mortgage for $312,000.


Manageable payments of less than $1,818 per month

All outstanding debts were cleared.

The client was able to regain their financing footing.


STUDY 2: Huge Penalty for Refinancing
Home Value: $600,000
Current Mortgage: $400,000
Need:  $50,000


Client B needed home renovations


Refinancing early would carry with it a penalty of over $13,000.

Though the mortgage term only has 2 years remaining, their home needs attention now.


2nd mortgage for $ 50,000


Client B paid monthly instalments of less than $375 on a 2 year term.

The client was able to avoid incurring penalties by maturing both mortgages simultaneously.


STUDY 3:Credit / Income Troubles
Home Value: $420,000
Current Mortgage: $280,000
Need: $35,000


Client C acquired a small family business several years ago


A family emergency required the client to travel overseas for several months, leaving many financial obligations unattended, triggering a dispute with a telecommunications provider.

Upon returning, the client decided that a loan was required to sort their affairs.


2nd mortgage for $ 35,000


The client paid monthly instalments of under $292 on a 2 year term.

The loan gave the business a much needed boost.


STUDY 4: Pay Tax Arrears
Home Value: $1,200,000
Current Mortgage:$300,000
Need: $400,000


At the end of an audit, Client D was left with a massive tax bill


Overwhelmed, the client discovered that banks are reluctant to lend to those with tax arrears when seeking their help.

The government began garnishing the client’s income, and placing leans against the client’s home, despite the client’s business being incorporated.

The client began struggling when having to simultaneously deal with tax authorities and run a business.


2nd Mortgage for $ 451,000


An additional loan of $10,000 was used to cover legal and accounting costs.

Loan payments were made upfront and incorporated into the loan.

Leans and garnishments on the client’s assets and income were removed.

The client was able to focus on rebuilding the business, and was later able to approach banks for credit once more.


STUDY 5:Renovations for Resale
Home Value: $750,000/$832,000
Current Mortgage: $600,000
Need: $42,000



A knowledgeable realtor recommended that her client sell their home in a lucrative neighbourhood


The mature property in a family oriented community had high potential on the market as a renovated house.

Cosmetic renovations were needed at the cost of $45,000.


2nd mortgage for $ 42,000


A loan with a completely open term to help reduce costs for later resale.

Our short term loan, combined with the realtor’s experience helped make the client more on their home.