Second Mortgage
Need a Second Mortgage?
Second Mortgages to 80-85% of Home Value
You’ve worked hard to build equity in your home — and it’s yours to use. But maybe the bank won’t help, or you don’t want to give up the great mortgage rate you already have. That’s where a second mortgage comes in.
At CreditReboot Mortgages, we make second mortgages simple. We partner with alternative lenders and have direct access to private capital, so we can approve deals that banks won’t — often within hours. Equity matters more to us than a credit score or income level. Our job is to help you access the funds you need quickly, with clear terms and no judgment.
Why homeowners choose a second mortgage:
- Consolidate debt into one lower monthly payment
- Cover home repairs, renovations, or emergencies
- Free up cash flow after job loss or income changes
Whether it’s a small amount or a high-value loan, we’re recognized in the industry for arranging hard-to-fund deals for homeowners with bruised credit or unconventional income.
Call us or Start Your Pre-Approval Online Today!
Why Work With CreditReboot Mortgages?
We actively work with mortgage investors to secure the lowest possible rates. We don’t just arrange second mortgages — we plan for what comes next. Many homeowners get stuck with high costs or limited options when their second mortgage matures. At CreditReboot Mortgages, we build an exit-strategy to transition you into better mortgage options Our goal isn’t just to get you approved — it’s to set you up for long-term success.
- 100% digital approvals — apply online and get updates in real time
- Ongoing support — we stay connected to help you rebuild credit and plan for better options
- Equity over credit — approvals based on your home’s value, not just your score
- Direct access to private capital — faster approvals and higher loan amounts
- Funding up to 80–85% LTV — maximized equity options
Consolidate Debt with Home Equity
How does Second Mortgage help?
Debt Consolidation
Second Mortgages are key to debt consolidation for Canadian homeowners. In some cases, using the equity to eliminate debt has freed up more than 50% of clients’ monthly cashflow. It also helps improve their credit score to obtain better financing options in future
Home Renovation
Renovating your home can increase your home value. Most people like to renovate before they decide to sell to obtain the maximum sale value. Second Mortgages provide quick cash to pay for renovations.
Mortgage Arrears
Falling behind on mortgage payments can result in potential foreclosure or power of sale proceedings. It can add high cost to the mortgage balance. Second Mortgage is a fast way to get cash in hand to pay any mortgage arrears & keep first mortgage in good standing.
Catch-Up Funds
Unforeseen expenses? Second Mortgage can be arranged in a short time period to help catch up on expenses. With a Single Monthly Payment, it makes catching up seamless and affordable.
Tax Arrears
Falling behind on income tax can result in a lien against your house & high penalties. It can also hurt your credit score. Property taxes can jeopardize your existing mortgage standing & potential renewal. Second Mortgages allows homeowners access to the funds to pay off any tax arrears.
Other Reasons
Second mortgages are ideal for clients who want to start or expand their existing business, buy another property, pay for their kids’ tuition, help a friend/family member or need funds for any other purpose.
Type of Mortgages & Home Loans
What Our Clients Say
Expectations exceeded! Parm, I had an incredible experience working with you and I just want you to know how much I appreciate your service as a mortgage broker, as well how professional and efficient you are. All my requests for my mortgage was well taken care of and I couldn't ask for more. Once again thank you very much for your special service!
Claudia Ingabire
Parm definitely has a passion for what he does and you can tell he is very knowledgeable and precise when giving advice. His customer service is amazing and he makes you feel secure with the logistics of the transaction. He takes extra steps to be more helpful than he has to be. Thanks Parm for your service.
Oscar Diaz
The entire process was extremely smooth from start to finish. Especially with the Pandemic everything was done online. Parm was always there answering my many questions and was so patient with me.I would highly recommend anyone to use his services.He is knowledgeable and upfront. Excellent service guaranteed.
Valerie Black
You deserve a better option.
Being declined by banks can leave you feeling helpless and anxious about your finances. At CreditReboot Mortgages, we specialize in home equity solutions tailored for homeowners like you. We understand your uncertainty and aim to help you regain financial freedom. With a streamlined process and dedicated support, you can finally take control and breathe easy knowing you’re on the right path to improving your financial standing.