Mortgages Behind a Collateral Charge
Expand Your Financing Options with our Mortgages Behind a Collateral Charge
Mortgages Behind a Collateral Charge offers borrowers the ability to secure additional financing on a property that already has a primary mortgage registered under a collateral charge. This product allows homeowners to access more funds while leveraging the equity in their property.
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
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
