Oshawa Second Mortgage Broker
Our mortgage broker can help you get a second mortgage in Oshawa. Our agents work with borrowers and lenders to find the best mortgage for the borrower. Our agents have access to hundreds of loan programs available from several different sources. This includes alternative lenders, banks and private lenders. The goal is to find you the best mortgage that meets your specific needs.
Our team works as liaisons between you and the potential lenders. We negotiate the best available terms and rates on your behalf. We approach different lenders in order to secure the financing options that you are looking for.
The following are some of the most common reasons for getting a second mortgage. Debt consolidation, using a lower interest second mortgage can save money on high interest credit card debt. Tax arrears, pay any property tax owing before Canada Revenue Agency puts a lien on your house. Home renovations, this is a good use of funds since the renovation will increase the value of your property. Education costs, investing in your child’s education will pay long term.
Second Mortgage Brokers
One of the many benefits of using a mortgage agent is the fact that we have access to the entire mortgage market not just one bank. Most banks and other financial institutions such as trust companies do not provide second mortgages. We will advise which lenders will consider your case and which will not based on your personal and financial circumstances. This is extremely useful for borrowers with poor credit and unique income. Our team specializes in servicing borrowers with bruised credit. We also leverage relationships with private equity based lenders.
Oshawa Private Lenders
Our team of Oshawa mortgage agents have access to exclusive deals not available on the open market. We can also arrange a better interest rates or lower fees from the lenders. Our agents are knowledgeable about the entire mortgage market and will give you expert advice. We know exactly how to negotiate with lenders. This will increase your chances of being approved.
Bad Credit Mortgage Lenders
Bad credit mortgages are based on the equity in the property. Private mortgage lenders do take into consideration your credit score but you will not be rejected due to a bad credit rating.
Home Equity Loans
A home equity loan is based on the equity in the property. The larger amount of equity in the home the lower the risk to the lender. This results in a low interest mortgage.
Debt Consolidation Loans
Everyone has some form of credit card debt, but when there is too much credit debt a consumer can have financial problems. A debt consolidation loan can lower the interest payments and allow the loan to be repaid faster.
Oshawa is located in Durham Region and is home to General Motors Canada. The main GM plant is on the south side of Highway 401 at the Stevenson Road exit. The main exits off the 401 into Oshawa are Stevenson Road, Ritson Road, Harmony Road.
Shopping places includes Five Points Mall, Oshawa Centre and the Midtown Mall. There are a number of roads for east-west traffic which include Conlin Road, Taunton Road, King Street, Rossland Road, Adelaide Avenue.