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Second Mortgage

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Second Mortgages are a popular option for home owners who may want to carry out renovations, consolidate unsecured debt or acquire funds for unexpected emergencies. Mortgage Partners Corporation proudly offers second mortgages in Ontario, Aurora, Newmarket and Bradford and secured Home Equity Line of credit (HELOC) in Ontario from our own pool of funds, for as much as 90% Loan to Value (LTV). This percentage allows you to maximize your equity takeout and is exclusive to Mortgage Partners Corporation. We often provide approval in as little as 24 hours.

Our clients in Ontario and across GTA can take advantage of several benefits, such as debt consolidation, property tax arrears, judgments, liens and Canada Revenue Agency (CRA) arrears. Second mortgages can also help with other financial needs such as construction financing, emergency situation, and unexpected medical bills or funeral costs. When working with industry experts such as Mortgage Partners, our clients in Ontario and across GTA can take advantage of fast and efficient approval process. There is no need for appraisals or excessive paperwork, unlike other lending institutions. This makes the unique second mortgage process from Mortgage Partners unlike any other lending partner in the industry.

We have over $100 million in funds for homes, rental properties, condos, well and septic properties, and farm and commercial properties. Our team of professionals at Mortgage Partners Corporation has dedicated years to establishing relationships with industry’s top Investors and Mortgage Investment Corporation (M.I.C) Partners throughout Canada. This makes us one of the most recognized alternative lending Mortgage Brokerages in the industry. We offer competitive rates ranging from 3.99% to 9.99%. Everyone is approved on equity, not credit. Serving in Ontario and across GTA.

Current Mortgage & All Debts

  • Home Worth $450,000
  • 1st mortgage balance $330,000
  • Current Payment $1560.00/month
  • Tax Arrears $250.00/month
  • Collections $440.00/month
  • Credit Cards $350.00/month
  • Personal loan $500.00/month
  • TOTAL $3100.00/month
  • Get the lowest rates on your first try!

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