A second mortgage is a secured loan that ranks below the first mortgage on the same property. Mortgage Broker Store has the skills to provide a fast second private mortgage loan in Richmond Hill. Our team of experts can provide you with a second mortgage loan even if you have a bad credit score.
To gain access to the best second mortgage rates, you will need to get in touch with a Richmond Hill mortgage broker. The advantage of using a mortgage broker is two-fold: you can meet with the mortgage broker in person and discuss your requirements, and they will compare the best second mortgage rates offered by lenders across Canada.
Private Lenders
Private lenders, unlike banks, do not follow strict regulations and will, hence, provide you with a private second mortgage loan even if you have a bad credit score. Our team connects you with top private second mortgage lenders in Richmond Hill, securing loans for clients within weeks.
Home Appraisers
Before buying, conduct a home inspection to obtain crucial information to protect you and your family. Any hidden information about your potential future home can cost you thousands of dollars and countless hours of your time. Hence, it is prudent to keep a Richmond Hill home appraiser’s contact details ready.
Mortgage Refinancing
Mortgage refinancing involves replacing an existing debt obligation with another debt obligation using the same property as a security.
Refinancing can consolidate debts into one loan, with terms depending on interest rates and fees.
Call our mortgage specialists for guidance on second mortgages or refinancing, and get answers to all your questions.
Richmond Hill Information
Richmond Hill, part of the Greater Toronto Area (GTA), is located in the south of the York region in Ontario, Canada. As of the 2011 census, Richmond Hill has a population of 185,541, making it the 3rd most populated municipality in the York region. Richmond Hill is home to the second-largest telescope in the world, the David Dunlap Observatory Telescope. It is currently a wealthy town with most of the population employed in areas of business, finance, industry and healthcare.
Richmond Hill Real Estate Market
Richmond Hill is a fast-growing suburban community with attractive real estate. The average price of a detached home in Richmond Hill reached $1,092,964 in February 2015 and has increased each month since, reaching $1,178,008 in July 2015. The reason for Richmond Hill’s peaking high over other communities is its central location around Yonge Street. To find out your best options for owning a real estate in Richmond Hill, Call Mortgage Broker Store Today.