In most cases, you are stuck with a higher interest rate when you apply for a brand new mortgage and breaking off your first mortgage involves large undesirable penalties. Opting for a second mortgage may be a perfect solution for various purposes including home improvement, consolidating debt, and other major expenditures because you can withdraw a relatively large amount of money with your home as collateral. If your existing mortgage has a low interest rate, you can start your second mortgage with the same advantageous rate. Our amazing Markham mortgage refinance advisors will carefully evaluate your current mortgage situation and analyze the latest financial news and projections to decide on the best strategy to approach your second mortgage.
Canada East Mortgages offers financial aid in the regions of Markham, Toronto, North York, Scarborough, Etobicoke, Vaughan, Richmond Hill, Oshawa, Ajax, Pickering, Peterborough, Newmarket, and many other neighbouring cities. Our other services include mortgage refinance, private mortgage, home equity loans, bad credit loans, and debt consolidation. Our agents are dedicated to helping our customers achieve their life goals and you won’t be disappointed by our fantastic customer service. Contact us today!
Home equity lines of credit or mortgages ONLY. We do NOT do personal loans.