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Vaughan (2016 population 306,233) is a city in Ontario, Canada. It is located in the Regional Municipality of York, just north of Toronto. Vaughan was the fastest-growing municipality in Canada between 1996 and 2006, achieving a population growth rate of 80.2% according to Statistics Canada having nearly doubled in population since 1991. It is the fifth-largest city in the Greater Toronto Area, and the 17th-largest city in Canada.
A second mortgage can be a great way for homeowners to consolidate debt. Second mortgage rates are typically higher than first mortgages, however, these rates are still often lower than high interest credit cards, or will carry much better repayment terms than existing debt and can improve cash flow.
If you own a home and have at least 15% equity, we can assist you with a mortgage or home equity loan. We make many financing options available to homeowners. You never know what could come up and it’s good to know these challenges can be dealt with. We will evaluate all your options and provide you with our best recommendations to suit your needs and requirements.