How a 2nd Mortgage can help
Access to Large Funds
A second mortgage allows you to tap into the equity you have in your home, giving you access to money for various purposes like home improvements, debt consolidation, or funding education.
Lower Interest Rates
Compared to unsecured loans or credit cards, second mortgages often come with lower interest rates, making them more cost-effective.
Flexible Use of Funds
You can use the money from a second mortgage for virtually anything—renovating your home, consolidating higher-interest debt, funding a business venture etc.
Preserve Existing Loan Terms
By taking out a second mortgage instead of refinancing your first mortgage, you can keep your original loan terms intact (such as your interest rate, repayment schedule, and the time left on the loan).
Quick Access to Cash
Second mortgages generally take less time to process compared to other forms of borrowing, such as personal loans, especially if you already have equity in your home.
Debt Consolidation
If you're carrying high-interest debt, such as credit card balances, a second mortgage can help you consolidate that debt into a lower-interest loan.
Lower Monthly Payments
If you consolidate higher-interest debts into a second mortgage, you may enjoy lower monthly payments since second mortgages typically have more favorable terms than credit cards or personal loans.
We're here to Help.
"Flexible payments, low rates and expert guidance to create a deal that works for you."
We understand that life can throw unexpected challenges your way. Let us help you explore the opportunities your home can offer with a 2nd mortgage. Contact us today and take the next step towards a brighter future.
Unlock the Potential of Your Home with a 2nd Mortgage!
Are you looking to finance a big purchase, consolidate debt, or fund home improvements? A 2nd mortgage can give you access to the cash you need, without selling your home or sacrificing your current lifestyle.
Why Choose a 2nd Mortgage?
- Bad Credit?No problem!: We work with all credit histories and scenarios to find the best funding solutions.
- Access to Cash: Use the equity in your home to get a lump sum for renovations, education, medical expenses, or other major investments.
- Lower Interest Rates: 2nd mortgages typically offer lower rates than credit cards and personal loans.
- Flexible Repayment Terms: Choose a repayment plan that suits your budget and financial goals.
- Keep Your Home: With a 2nd mortgage, you remain in your home while unlocking its financial potential.
How It Works:
- Get Approved: Apply quickly and easily with minimal paperwork.
- Use the Funds: Access the funds you need and take control of your financial future.
- Easy 1-2 Years interest only terms: Enjoy affordable, fixed payments with a plan that works for you.
Contact Us Today! Take the next step towards your financial goals. Our friendly loan experts are here to help guide you through the process and find the perfect solution for your needs. Don't wait—your home’s equity could be the key to your future!
Discover the SCS Capital Advantage
Quick Approvals
Quick Funding
We provide fast and reliable funding solutions for 2nd mortgages in Ontario. Our team ensures a smooth process to help you secure the funding you need without delay.
Bad Credit? No Problem!
We offer second mortgage options for people with bad credit in Ontario. Our team works with you to access your home's equity and provide necessary funds, regardless of credit history.
Our services
Home Renovation Funds
We provide funds to help homeowners renovate their properties. Our service aims to offer easy access to the capital you need, enhancing your living space and boosting property value efficiently.
Secure 2nd Mortgage Financing
SCS Capital provides secure 2nd Mortgage Financing to help homeowners access funds for their financial needs. We provide cash out refinance loans, debt consolidation loans, and home equity loans to borrowers with all credit scenarios. Our team of experienced loan officers is dedicated to helping each borrower find the best mortgage loan for their unique situation.
Debt Consolidation
Our debt consolidation loans help Canadians combine multiple debts into a single, manageable payment. We work with you to simplify your financial obligations and reduce overall interest rates.
Contact Us-
Toll Free- 1 (888)-710-6448
Email- [email protected]
Suite 600
3300 Highway 7
Concord, ON
L4K 4M3