Mortgages Behind a Collateral Charge
Allows clients to access additional financing on a property that already has a primary mortgage registered under a collateral charge.
This product provides brokers with a solution to help clients leverage available equity for further funding needs.
Discover the Details for Mortgages Behind a Collateral Charge
80%
LTV (urban areas)
75%
LTV (rural areas)
$50K - $1M+
Amounts
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
Practical 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
