We Have Extensive Experience In Arranging Second Mortgages

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The Possibilities Are Endless

NorthView Mortgages has access to the large pool of private mortgage lenders in Ontario. Private mortgages mean that you pay only interest on the mortgage. Even if you have bad credit or no credit, you will still be considered. You can get approval and access the funds quickly with the application process being fast and easy.

NorthView Advantages

Interest Rates Start At 8.99%

Second Mortgage From $50,000 To $1,500,000

6 Month To 1 Year Mortgage Terms Available

No Upfront Fees

What Can Second Mortgage Loans Be Used For?

Investment opportunities: Second mortgages can be used as a source of funding for investment opportunities, such as starting a business, investing in real estate, or other investment ventures.

Large purchases: Second mortgages can be used to finance large purchases, such as a vehicle, boat, or recreational vehicle.

Debt consolidation: Second mortgages can be used to consolidate high-interest debts, such as credit card debts or personal loans, into a single loan with more favorable terms and potentially lower interest rates.

Home improvements: Second mortgages can be used to fund home renovations, repairs, or improvements, such as remodelling a kitchen or bathroom, adding an extension, or upgrading home systems.

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Investment opportunities: Second mortgages can be used as a source of funding for investment opportunities, such as starting a business, investing in real estate, or other investment ventures.

Large purchases: Second mortgages can be used to finance large purchases, such as a vehicle, boat, or recreational vehicle.

Debt consolidation: Second mortgages can be used to consolidate high-interest debts, such as credit card debts or personal loans, into a single loan with more favorable terms and potentially lower interest rates.

Home improvements: Second mortgages can be used to fund home renovations, repairs, or improvements, such as remodelling a kitchen or bathroom, adding an extension, or upgrading home systems.

How To Get Started

Case Study

Home Value: $550,000

Mortgage: $395,000

Need: $45,000

Problem

An older family home with a finished basement is located in a flood-prone area. A recent storm destroyed the basement, which now requires urgent repair and the installation of a new draining pump to avoid future water damage. The current mortgage is a 5-year fixed term with 2 years left before maturity. However, the early refinancing penalty of the mortgage provider could set the family back almost $10,000.

Solution

NorthView Mortgages offered the family a 2-year second mortgage of $45,000 with monthly payments of $299, which would allow the clients to refinance the primary mortgage without any penalty after 2 years.

All Our Other Services

We are committed to finding you the right loan solution. If you do not see something that fits your needs, please do not hesitate to reach out for assistance. 

Home Equity Loans

Get you access to attractive interest rates, when you receive a home equity loan or a home equity line of credit. 

Refinancing Mortgage

Home refinancing can help you maximize the of your home equity. 

Construction Loans

Your home equity could easily give you access to additional funds through a second mortgage.

Debt Consolidation

Get you access to attractive interest rates, when you receive a home equity loan or a home equity line of credit. 

Home Mortgages

Home refinancing can help you maximize the of your home equity. 

Credit Repair

Your home equity could easily give you access to additional funds through a second mortgage.

Bad Credit Loans

Get you access to attractive interest rates, when you receive a home equity loan or a home equity line of credit. 

Private Mortgage

Home refinancing can help you maximize the of your home equity. 

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We have an extensive experience financing construction projects both for residential and commercial use. Construction loans we may be used for:

  • Building custom homes
  • Land development
  • Infill projects
  • Home Renovations

To get flexibility and attractive terms with a construction loan, call us at North View Mortgages.

  • The approval is fast and simple;
  • You have 3 months to begin construction after the loan settlement date and 12 more months to finish the project;
  • You only pay interest during the construction stage, with interest recalculated according to the remaining balance owed;
  • You can plan for the usage of the funds with a progressive draw type of loan.

Contact us to discuss your construction funding needs today!

Construction Loan

Home Equity Loans

Debt Consolidation

Home Mortgage

Refinancing Mortgage

Credit Repair

Bad Credit Loans

Private Mortgage

Second Mortgage

Home Renovation
Remodelling your kitchen. Upgrading your bathrooms. Finishing the basement. All these projects can dramatically increase the value of your home and have a big impact on your quality of life. Why wait? A home renovation loan puts your renovation goals within reach.
With extensive expertise in real estate and property appraisal, North View Mortgages can offer home renovation loans and advise on projects that would increase your home’s value the most. These may include:
  • kitchen renovations
  • bathroom makeovers
  • basement renovations and building
  • windows and doors installations
  • deck or patio additions
  • landscaping
With Us, the application process is painless and the approval is the fast. Only a simple set of documents is required. Interest rates start at 5.99% and loans from $10,000 to $300,000 are available. Call now or fill out the form for a fast, no-obligations assessment! North View Mortgages will be happy to guide you through all the paperwork and answer all your questions.

Case Study

  • Home value: $650,000
  • Mortgage: $480,000
  • Need: $60,000

Problem

To increase the value of her condo prior to putting it up for sale, the client wants to renovate the bathrooms, change flooring, change kitchen cabinets and install new kitchen appliances. She needs to get it done within three months to be able to take advantage of the peak real estate season in Toronto. The funds required are approximately $60,000.

Solution

We conducts a free consultation with the client and her real estate agent to ensure that the renovation plan corresponds to the real estate demands in the area. The client is then offered a 6-month home renovation loan of $65,000 – a little over the required sum to account for any unexpected additional costs. The loan carries an interest rate of 9.9%, with no monthly payment required in the first month, enabling the client to complete the works quickly and sell.

Construction Loan

Home Equity Loans

Debt Consolidation

Home Mortgage

Refinancing Mortgage

Credit Repair

Bad Credit Loans

Private Mortgage

Second Mortgage

Home Renovation
Your home equity can help you get access to attractive interest rates, when you receive a home equity loan or a home equity line of credit. These loans are secured against your home equity value and are thus called home equity loans. You may take out a home equity loan which will be a lump sum payment of funds that you receive all at once. You may also choose to take out a home equity line of credit, which gives you access to a certain amount that you can spend based on your needs and only pay a minimum monthly payment – not unlike a credit card, but better!
The advantages of home equity loans are clear. When receiving a home equity loan, you will get ready access to a large sum of cash that you can use to improve your credit history, pay off some or all your debts, invest the money into a new business or another property, cover a major expense or an emergency.

Home equity loans:

  • offer attractive interest rates that could be much lower than interest rates of unsecured loans
  • come with negotiable repayment terms to suit your requirements and financial needs
  • provide a fixed, clear and predictable payoff schedule
  • are a useful tool for debt consolidation
Even if you have poor credit, debts, arrears, unpaid collections or foreclosure history, you still could be eligible for a home equity loan. Call North View Mortgages today and start leveraging your financing.

Case Study

  • Home value: $675,000
  • Mortgage remaining: $525,000
  • Home equity: $150,000
  • Required loan: $50,000

Problem

A family of two has accumulated credit card debt of $50,000 with a 28.99% annual interest on each card. The debt is expensive and the couple is having trouble meeting all their financial obligations after paying their home mortgage.

Solution

Owning a home with home equity currently at $150,000 allows the family to take out a 1-year home equity loan of $50,000 with a fixed interest rate of 9.9% and affordable monthly payments. This allows them to pay off all high-interest debt in lump sum and continue making just one monthly payment on their home equity loan for the following 12 months.

Construction Loan

Home Equity Loans

Debt Consolidation

Home Mortgage

Refinancing Mortgage

Credit Repair

Bad Credit Loans

Private Mortgage

Second Mortgage

Home Renovation

Need a second mortgage?

Need a Private Loan with flexible lending criteria and negotiable terms? Need it done fast? A Private 2nd or 3rd mortgage may be the answer you were looking for.
 
  • Pay off or significantly reduce your credit card balance that could carry much higher interest rates
  • Get access to funds in case of life emergencies
  • Get help with debt consolidation and stop collection agency calls and harassment
  • Improve your credit rating by making payments on time on all your loans
  • Increase your home value by making renovations or with construction
  • Invest into another real estate property
  • Start a new business

Why a second mortgage with North View Mortgages?

North View Mortgages has access to the large pool of private mortgage lenders in Ontario. Private mortgages mean that you pay only interest on the mortgage. Even if you have bad credit or no credit, you will still be considered. You can get approval and access the funds quickly with the application process being fast and easy. Advantages of North View Mortgages
  • Interest rates start at 6.99%
  • Second and third mortgage from $25,000 to $2,000,000
  • 6 month to 1 year mortgage terms available
  • Unlimited defaults and arrears accepted
  • No upfront fees
Call North View Mortgages today and get approved for a mortgage in 24 hours!

Case Study

  • Home value: $550,000
  • Mortgage: $395,000
  • Need: $45,000

Problem

An older family home with a finished basement is located in a flood-prone area. A recent storm destroyed the basement, which now requires urgent repair and the installation of a new draining pump to avoid future water damage. The current mortgage is a 5-year fixed term with 2 years left before maturity. However, the early refinancing penalty of the mortgage provider could set the family back almost $10,000.

Solution

North View Mortgages offered the family a 2-year second mortgage of $45,000 with monthly payments of $299, which would allow the clients to refinance the primary mortgage without any penalty after 2 years.

Construction Loan

Home Equity Loans

Debt Consolidation

Home Mortgage

Refinancing Mortgage

Credit Repair

Bad Credit Loans

Private Mortgage

Second Mortgage

Home Renovation