Why choose a mortgage broker in Norfolk County? They can contact many different lenders to get the best mortgage rates. Brokers save you the hassle of trying to negotiate with lenders yourself. A mortgage broker can get you a second mortgage money quickly. Our team specializes in getting second and bad-credit mortgages for people who have been turned away by banks.
Many people use second mortgages to get large amounts of cash quickly. A second mortgage is a mortgage that is put on a house with a first mortgage. Since they are secured loans, they come with lower interest rates than credit cards and personal loans. You can use any equity you have in your home as the collateral for the mortgage. A couple of other things people use their second mortgage for specifically are home improvements or fixing debts. Learn more about second mortgages in Norfolk County.
Norfolk Private Lender
Here are reasons to finally obtain a private lender. It can help your situation.
- You’ve lost your job recently and need a mortgage while you are in between jobs.
- Investment property down payment.
- Traditional lenders won’t lend you a mortgage due to a recent bankruptcy.
- Your LTV (Loan-to-value ratio) is rather high, but you do not wish to lose your house.
- A recent judgment, divorce or other life event has seriously affected your credit rating.
- Your qualification ability has been impacted by lower income.
- To purchase a piece of land with less than 50% down.
- To stop a pending power of sale or foreclosure.
Norfolk Home Appraisers
The top appraisers that serve the Norfolk area are as follows:
- Rick Daniel: Real Estate Appraisal Services, Inc.
- Steve Burkett: Burkett Appraisal Service, Inc.
- Melvin Douglas Smith: Douglas Smith Real Estate Appraisals, LLC
- Jolene Unger-Sharp: J. Unger & Associates
Appraisers are handy because they can provide an accurate property valuation. Getting an appraisal from a registered Ontario home appraiser is an important part of any mortgage application. Lenders use the appraised amount to determine how much they can lend on a property.
Norfolk Mortgage Refinancing
Mortgage refinancing is a way to save money if you have a lot of high-interest debt. Since a second mortgage is a loan secured against property, it generally offers lower interest rates than credit cards and personal loans. Many people choose to get a second mortgage to pay off their credit cards and other high-interest debts, which can save them money on their monthly bills.
Norfolk Information
Where is Norfolk? Well, it is a rural, single-tier municipality on the north side of Lake Erie in Southwestern Ontario, Canada. It was first created as a county in 1792. It is a very beautiful area that many people love to reside in. There are amazing attractions here that you can find interesting. One of the biggest attractions is the museums, which are everywhere. Here are some of the ones they have.
Port Dover Harbour-Museum
This museum is active in preserving and presenting folklore and traditions that are still strongly celebrated, most definitely in the areas where fishing and lakeside activities persist. Since 2002, this museum has housed many artifacts from the 1852 wreck that can still be found today.
Waterford Heritage and Agricultural Museum
The Waterford Heritage and Agricultural Museum is situated in one of Waterford’s most famous industrial landmarks, “The Pickle Factory.” The museum uses interactive and engaging exhibits to show the social, agricultural, and industrial history of this area. People enjoy lingering at the beginning of the activities they see because when you look at it head-on, it looks better.
Eva Brook Donly-Museum
Beautiful Victorian period house museum that consistently features displays of local heritage since it first opened in 1946. It is situated in downtown Simcoe & operated by the Norfolk Historical Society, which was formed in the early 1900s. This museum features a collection of artwork by the legendary artist William Edgar Cantelon & Eva Brook Donly.
Ready to explore your options for a second mortgage in Norfolk County? Contact Mortgage Broker Store today for the best rates and solutions tailored to your needs. Whether you want to renovate your home, consolidate debt, or fund your business, we’ve got you covered.