Getting A Second Mortgage in Ontario? Read This!

Have you heard that more than 2 million Canadians have second mortgages? With this huge number of second mortgage holders, you probably expect that almost everyone is keenly aware of what a second mortgage is and how it works. That is not the case. If you’re from Ontario and want to get a second mortgage […]

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Can You Get a Second Mortgage if You Have a HELOC?

An increasing number of homeowners currently has a HELOC so the question is, is it still possible to get a second mortgage if you already have an existing HELOC? The fact is, that may be a big challenge considering the recent changes for second mortgages implemented by Canada’s leading HELOC provider, Toronto-Dominion Bank. Whereas homeowners […]

Is It Easy to Get a Second Mortgage?

Perhaps you’re wondering whether now is the right time to get a second mortgage. After all, getting a second mortgage is quite common these days and it doesn’t seem to be a very complicated process. Is it indeed true that it is easy to get a second mortgage? Second Mortgage Requirements Just like any other […]