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).

If you require a 2nd mortgage greater than $75,000 please visit our sister site at www.redley.ca

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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 7.99% 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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Up to 65% Loan To Value ratio.

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Loan Area

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Greater Toronto Area.

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Monthly Payments

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$15,000	monthly payments	$99.00
$20,000	monthly payments	$129.00
$25,000	monthly payments	$165.00
$30,000	monthly payments	$198.00
$40,000	monthly payments	$264.00
$50,000	monthly payments	$299.00
$75,000	monthly payments	$499.00

The program is designed to help homeowners consolidate bills and lower their monthly payments, however 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

Corwin Mortgage Capital Inc.

333 Wilson Ave. Unit 300 Toronto - M3H 1T2

Tel. or Text

(416) 985-3699

DURHAM ON:

(905) 410-0300

e/mail: paul@2ndmortgagedirect.com

FSCO Brokerage Licences# 12380

LEVEL 2 Mortgage Agent #M08000180

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For 2nd mortgages over $75,000

Please visit our other site at: