Second Mortgage in Toronto, ON
We arrange private 1st and 2nd mortgages, when the situation calls for a private mortgage. We have funds available from several private lenders to fund your deal. We also have institutional lenders that can fund 2nd mortgages too if you qualify. We can lend up to 5m per loan per private mortgage. We can lend up to 80% loan to value, but the comfort zone is more in the 75% loan to value range. We can use cross collateral on a few properties to get to the required equity in the property.