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Second Mortgage London

About London

London is a city in Southwestern Ontario, Canada along the Quebec City–Windsor Corridor. The city has a population of 383,822 according to the 2016 Canadian census. London is at the confluence of the Thames River, approximately 200 km (120 mi) from both Toronto, Ontario and Detroit, Michigan; and about 230 km (140 mi) from Buffalo, New York. The city of London is a separated municipality, politically separate from Middlesex County, though it remains the county seat.

London and the Thames were named in 1793 by John Graves Simcoe, who proposed the site for the capital of Upper Canada. The first European settlement was between 1801 and 1804 by Peter Hagerman. The village was founded in 1826 and incorporated in 1855. Since then, London has grown to be the largest Southwestern Ontario municipality and Canada’s 11th largest metropolitan area, having annexed many of the smaller communities that surrounded it.

London is a regional centre of health care and education, being home to the University of Western Ontario, Fanshawe College, and several hospitals. The city hosts a number of musical and artistic exhibits and festivals, which contribute to its tourism industry, but its economic activity is centred on education, medical research, insurance, and information technology. London’s university and hospitals are among its top ten employers. London lies at the junction of Highway 401 and 402, connecting it to Toronto, Windsor (which is directly across the border from Detroit), and Sarnia. It also has an international airport, train, and bus station.

Second Mortgage London

We offer creative second mortgage financing options to those who do not meet the banks typical lending criteria.

The reasons for applying for a second mortgage in London vary, from bruised credit to low documentation. However, in every case, we cater to the unique situations and needs of our clients.

We provide excellent rates and terms, with fast approvals and turnaround times. We also lend on your homes equity – not on income or credit score.

Please fill out the contact form on this page and a highly trained Mortgage Broker will be happy to respond to you quickly.

You May be Wondering What a Second Mortgage Really Is?

If you have ever heard of or are familiar with home equity loans then you have heard of second mortgages as the two are really one and the same. These mortgages can be provided by private lenders, firms or institutions. These mortgages also act as bad credit mortgages for homeowners suffering from poor credit. Since the funds from a home equity loan is made available and secured against the equity in your home, your fist mortgage remains intact and the new loan Is really a second mortgage apart from the existing first mortgage.

What Type of Properties Qualify?

All residential properties including owner occupied, rental and student housing in London, St. Thomas, Windsor, Chatham, Sarnia as well as all owner occupied housing in the Middlesex county rural areas are qualified for a second loan. If you live in these areas and need to get a loan, call me or fill out the above form so that we can go over your requirements and provide you with the loan you desire.

Fast Services and Quick Closing

If you need to get a second mortgage in London, then you may be wondering when you could have the funds you need. I work very quickly to get you approved and I also have lenders who offer quick closing mortgages. Additionally your mortgage would be shopped through my private lender circle to find you a suitable rate and term. Call me or fill out the above form so that we can get started.