A large number of banks are refusing Second Mortgages because of poor repayment history or financial blemishes. This has caused many people to be vulnerable to the power of sale and foreclosures. Let us at Interfinance Mortgage Corporation help you avoid these situations.
A second mortgage is a specific type of loan that is taken out on top of an already existing mortgage. If you have a mortgage on your property and are looking for additional funding but don’t want to take on another credit card or bank loan, a second mortgage might prove to be your best option. You may have heard that second mortgages are risky; however, if structured properly by a professional mortgage company like Interfinance Mortgage Corporation we can help reduce risk by offering sound and unbiased borrowing advice.