Refinancing isn’t the only path. For some homeowners, a second mortgage can provide flexibility while working toward better credit and bank options. Not advice for everyone. Licensed mortgage broker in Ontario, Alberta & British Columbia. #SecondMortgage #DebtStrategy #MortgageTips #MoneyTokCanada #mortgagesbyharlivleen
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Refinancing isn’t the only path. For some homeowners, a second mortgage can provide flexibility while working toward better credit and bank options. Not advice for everyone.
Harlivleen | Mortgages(@harlivleenkahlon). original sound - Harlivleen | Mortgages. Refinancing isn’t the only path. For some homeowners, a second mortgage can provide flexibility while working toward better credit and bank options. Not advice for everyone. Licensed mortgage broker in Ontario, Alberta & British Columbia. #SecondMortgage # ...
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Secure your spot they say.. More like secure a second mortgage 😅😅 #fifaworldcup
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🏠💼 Demystifying Second Mortgages: What You Need to Know! 💰✨ 🙋‍♀️🙋‍♂️ Curious about second mortgages? Let's break it down for you! A second mortgage is an additional loan secured by your home, on top of your primary mortgage. It allows you to access the equity you've built up over time. Here's what you should know: 1️⃣ Purpose: Second mortgages can be used for various purposes, such as home renovations, debt consolidation, educational expenses, or investments. It provides an additional sourc
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🏠💼 Demystifying Second Mortgages: What You Need to Know! 💰✨ 🙋‍♀️🙋‍♂️ Curious about second mortgages? Let's break it down for you! A second mortgage is an additional loan secured by your home, on top of your primary mortgage. It allows you to access the equity you've built up over time. Here's what you should know: 1️⃣ Purpose: Second mortgages can be used for various purposes, such as home renovations, debt consolidation, educational expenses, or investments. It provides an additional sourc
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Here’s what it means to get a second mortgage on a property: When you get a loan from a bank to buy a property, the bank is going to record a first position mortgage on the property. First position means that their loan is the first thing to be paid back when you sell the property or you default on the loan. Let’s say you have a first mortgage of $50,000 and your property is worth $100,000. In this case you’re left with $50,000 of equity, which is the difference between what you owe and what the
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