If you need to renovate your home but your credit is bad or you work for yourself; you can still use the money you have accumulated in the value of your home. The bank might say no but LM Financial will always say yes. It is simple, you have equity and a need to raise the value of your home or the lifestyle you live, then a second mortgage is right for you.
How does getting a second mortgage work if my credit is new or bad?
A lot of Canadians have new or bad credit but make great money and have impeccable integrity. If that is you then APPLY for a home equity line of credit/second mortgage with LM Financial Services Inc. At LM Financial Services Inc. we look beyond the surface and dig into the essence of what makes you trustworthy. How much money do you make? What is your history of paying your mortgage? How much equity is in your home and what is the condition of your home? At LM Financial Services Inc. you also get an education in the mortgage/finance world. We provide tips and direction that will help get you into great standing in order to bring you to a major institution as soon as possible.
What will a second mortgage or homeline equity loan cost me?
Everyone’s situation is different. A conversation is needed and that starts in the application process. There is no obligation to take the money just through the application process but what that process does is get you ready in all aspects of the relationship so that you can be ready to take advantage of all that a home equity loan has to offer. Take a load off and build up the value in your home; that is the true cost of a transaction like this. The point is to build wealth and solidify your financial health for the immediate future and going forward from there.