Second Mortgage
Second Mortgages Approved
Borrow Upto 80% of Home Value
CreditReboot Mortgages is one of the leading mortgage companies for second mortgages in Alberta. Our firm belief is that all Canadians should be able to access their hard earned equity regardless of their credit or income standing. CreditReboot Mortgages has established itself as a leading brokerage for hard to place second mortgage deals for borrowers with bruised credit or insufficient income.
We have helped borrowers get second mortgages up to 80%-85% LTV to maximize their equity. CreditReboot Mortgages is well recognized in the industry for second mortgage financing . Our access to immense private capital allows us to approve homeowners within hours & offer the most competitive terms.
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.
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.