What is a second mortgage?
Quite simply, a second mortgage is a loan taken out on a residential property which is already mortgaged. Basically, it allows you to access equity in your home for a range of purposes. Make no mistake, second mortgages are inherently complex. But we’re here to make them as easy and hassle-free as possible.
Why a second mortgage?
You might consider a second mortgage for many reasons: to consolidate debt, fund renovations or to act a guarantor on a home loan for a family member. Whatever the reason, we have a second mortgage product to suit your needs.
- Guarantor support
- Fixed or variable rates
- Range of lenders
- Completely free
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