Second Mortgages Kingston
Self Employed and Need A Second Mortgage
Self employed people are often in need of a second mortgage as depending on your occupation income can be erratic. Given this it’s nice to know that a second mortgages or a home equity line of credits are available to get you through those lean times. There is a wealth of information on our site about second mortgages.
If you’re self employed and considering a second mortgage you need expert advice. A second mortgage may be only one a of a few different options you have to choose from. If a second mortgage is done badly there are all sorts of ramifications but done in the right way with an expert who has your best interests at heart it’s a perfectly viable option.
I’m Self Employed Do I Need A Second Mortgage
If you’re self employed ask yourself, why am I looking for a second mortgage? Is it to consolidate debt? Who can I ask about this without hurting my credit score? What’s the equity I have in my home? Equity in your property is a key element to a successful second mortgage application. These are just a few of the questions you should ask. But don’t ask them at your bank!
We are licenced mortgage and real estate agents. We suggest you call us for a preliminary confidential conversation about your needs and how we can help you. There is no affect on your credit score and you will know your options before going any further. From there we can arrange a confidential meeting which is convenient for you and move towards putting in place with the right lender and second mortgage product.
Benefits For You
Second mortgages for self employed people are not a death sentence and used regularly. There are many reasons people may need a second mortgage. We like turning lemons into lemonade, so with that in mind we always have your short, medium and long term financial goals and security in mind. You might be surprised to know that structuring a second mortgage the right way can help your credit rating in the short term. Who knew!
Second Mortgages Kingston Information
Call: 613 484 5358