3rd Mortgage
Access Additional Funds with our 3rd Mortgage Financing Solution
A 3rd mortgage product is a tertiary financing option available to homeowners who have an existing 1st and 2nd mortgage on their property. It provides further access to the equity accumulated in the home. Similar to the 2nd mortgage, the 3rd mortgage allows borrowers to borrow against the property's value while offering flexibility in loan terms, amounts, and interest rates. It is subordinate to both the 1st and 2nd mortgages, holding the third lien position. Homeowners typically consider a 3rd mortgage when they need additional funds for significant expenses or investments.
Discover the Details for 3st Mortgage
75%
LTV
$50K - $2M+
Amounts
3 to 12 months
Terms
Interest-only Monthly Payments
(Pre-Paid Options Available)
Find Out If You Qualify!
No income or credit documents required
Common properties include condominiums, multi-unit homes, single family homes & townhouses
Properties with sufficient equity
Submit your deals via Filogix, Velocity or Lendesk (Lendfinity is listed as a private lender)
Key Benefits
Common-sense Approach
Fast, Flexible & Transparent Terms & No Hidden Fees
Quick Funding (Closing takes 2-10 days*)
Efficient Exit Strategies
Extended Services
Low Rate Basic Mortgages
Partial Interest Mortgages
Partial Pre-Payments
