2nd Mortgage & 3rd Mortgage

 

Turn What You Own Into What You Owe.


Providing All Of Your Reverse Mortgage Needs.


Providing All Of Your Mortgage Needs.

The Most Important Decision To Make About A Reverse Mortgage Is Who You Choose To Help You Through The Process.


Second Mortgage
A Second Mortgage is a mortgage charge secured and registered in second (2nd) position on your property. A 2nd Mortgage is a mortgage approval based on the equity in a home. Since it’s registered as a second mortgage, your current first mortgage with your existing lender remains the same.

How Does It Work
A second mortgage is the fastest way, with the least restrictions and requirements, to borrow money from your home equity. Regardless of your income, credit, or whether you’ve come out of a bankruptcy or consumer proposal, you can still borrow money from your home equity.
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Satisfaction guarantee


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At Classic Mortgages and Lending, we want to make sure your Mortgage meets your needs. We also want you to feel confident that you are getting the best service possible.