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What Is a Second Mortgage?
A second mortgage is a second loan that you take on your home. You can borrow up to 80% of the appraised value of your home, minus the balance on your first mortgage.
The loan is secured against your home equity. While you pay off your second mortgage, you also need continue to pay off your first mortgage.
Why Get a Second Mortgage?
Home Improvements
Pay Off /Consolidating Debt
Improve Your Credit
What Our Clients Say
Our Process
Apply Online or Call
Get Approved
Receive Quotes
Sign Documents
Receive Money
About GNE Mortgages
GNE Mortgages is an established mortgage brokerage house conveniently located in the heart of Mississauga (Hurontario/Watline) providing effective mortgage solutions throughout Ontario. Whether you are looking to purchase you very first home or upgrade to a new home, renew your existing mortgage, refinance your mortgage to free up some equity, purchase investment properties or vacation homes, or lease business-related equipment, we have a variety of products available to meet your unique needs.
© 2021 GNE Mortgages Inc -The Mortgage Centre (Lic # 10394). All rights reserved.
211 Watline Ave, Unit 104 Mississauga, ON L4Z 1P3
