A second mortgage in Windsor is a secured loan that sits behind your current mortgage. This means that your first mortgage will be untouched, but however, you will have the ability to access equity from your property.
If you have some equity built up in your property, a mortgage broker store can help you borrow a second mortgage. Most second mortgages are based on equity, not credit, and you can be approved even if you have a poor credit score.
Windsor Mortgage Brokers
Mortgage brokers can help you find the Second mortgage loan of your dreams. They have access to and knowledge of the entire local market. They will also advise you on which lenders will approve your case based on your individual circumstances. It is advisable to choose a reliable mortgage broker like Mortgage Broker Store, which has solid references. We will guarantee our second mortgage loan estimate is offered to you.
Windsor Private Lenders
When a bank declines you for a second mortgage loan, you can still get approved by a private mortgage lender. Private lenders, unlike banks, do not rely on income or credit scores and are able to approve a private second mortgage loan on the basis of the equity in your home. Our team has contacts with the best private second mortgage lenders in Windsor, who have helped 90% of our clients receive a second mortgage within just a few weeks.
Windsor Home Appraisers
A Pre-purchase home inspection can provide some of the most important information needed to protect you and your family. It will provide information on the overall construction, structural integrity, and deferred maintenance of the home, thus saving you money on potential expenses. Hence, it is very important to keep a home appraiser’s contact information ready.
Windsor Mortgage Refinancing
Mortgage refinancing helps you pay off your current mortgage and substitute it with a new one. Refinancing can help you borrow more for home renovations, travel, tuition, or purchasing a new property. Refinancing also helps you to consolidate all debts which in turn will help better your credit score.
Call our mortgage specialists today to explore your best options for a second mortgage or refinancing.
Windsor Information
Windsor is located in the southernmost part of Canada. It lies on the southern shore of Detroit River, right across from Detroit Michigan in the USA. According to UN Data as of 2011, the population of Windsor is about 210,890 and the city’s economy is mainly based on tourism, manufacturing, education and government services. It is also Canada’s largest automobile manufacturing centers.
Windsor Real Estate Market
Windsor is currently a hot housing market. Local sales in June 2016 went up, reaching 19 percent compared to the same period last year. The average price of homes in Windsor also increased by 15.9 percent to $218,034 in June 2016 compared to the same period last year. Despite this increase in prices and sales, Windsor still remains the most affordable in Ontario and Canada.
Ready to explore your options for a second mortgage in Windsor? Contact Mortgage Broker Store today to discover the best rates and solutions tailored to your needs. Whether you’re looking to renovate your home, consolidate debt, or fund your business, we’ve got you covered.