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            ABOUT

            Text or Phone: (416) 985-3699Text or Phone: (416) 985-3699

            DURHAM ON: (905) 410-0300DURHAM ON: (905) 410-0300

            At 2ndMortgageDirect.com, we provide low interest and low monthly payments private second mortgages to owner occupied and rental properties. We do this by using an in-house valuation program called the Home Equity Loan Program (H.E.L.P). Our services are open to Ontario homeowners in the Greater Toronto Area. . If you require a 2nd mortgage greater than $50,000 or live outside the GTA area, please visit our sister site at www.genesismortgage.ca for further assistance.

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            Lending Guidelines

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            All mortgages are fully open in whole on any payment date without notice or bonus.

            1 year fixed rate with all renewals tied to the Royal Bank of Canada rate. So that clients are assured of an ongoing low 2nd mortgage rate, any renewal can never exceed the greater of 6.99% or a maximum of 2.99% above the Royal Bank of Canada 1 year open 1st mortgage rate.

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            Loan to Value

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            75% Loan To Value ratio. (higher advances available on an exceptional basis)

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            Loan Area

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            Greater Toronto Area as far east as Oshawa, to the north as far as Newmarket and west as far as Burlington.

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            Monthly Payments

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            $15,000

            monthly payments

            $99.00

            $20,000

            		monthly payments$129.00
            $25,000monthly payments$165.00
            $30,000monthly payments$198.00
            $35,000monthly payments$229.00
            $40,000monthly payments$264.00
            $50,000monthly payments$299.00


            The program is designed to help homeowners consolidate bills and lower their monthly payments, however the can be used for ANY purpose.


            Click here to apply online

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            2ndmortgagedirect.com is owned and operated by, Paul Redley under registered licences with Genesis Mortgage Capital Inc.
            147a Bentworth Avenue, Toronto, ON M6A 1P6

            Tel. or Text (416) 985-3699
            DURHAM ON: (905) 410-0300

            e/mail: paul@2ndmortgagedirect.com

            FSCO Brokerage Licences# 10146 Mortgage Agent #M08000180

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            For 2nd mortgages over $50,000
            Please visit our other site at:
            www.genesismortgage.ca

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