MortgagebyAmit

🔑 MORTGAGE MASTERY SERIES: PART 2 : SECOND MORTGAGES 🔑

Need to access your home equity without disturbing your low-rate, fixed first mortgage? A second mortgage can be a powerful financial tool when structured correctly!

Here is what Ontario homeowners need to know:
✅ High-LTV Access: Borrow up to 85% Combined Loan-to-Value (CLTV) based on your current property appraisal.
✅ Flexible Terms: 1 to 3-year term options tailored to your short-term financial restructuring or investment plans.
✅ Preserve Your 1st Mortgage: Avoid breaking an existing low-interest first mortgage and dodge hefty Interest Rate Differential (IRD) penalties!
✅ Private Interest-Only Options: Rates typically ranging from 8% to 14%, keeping monthly payments manageable while you execute your financial strategy.

Whether you're consolidating high-interest debt or funding a major project, expert guidance ensures you stay protected.

Amit Bhatnagar, Mortgage Agent Level 2
Phone: 437-776-5148
Email: mortgagebyamit15@gmail.com
FSRA License 10530

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