Second Mortgages

A Second Mortgage is a loan secured against a property that already has one mortgage attached to it. You will still have your original lender on the title of your property and the second mortgage ranks after this.

When short term loans are required quickly for your next Business or Investment opportunity second mortgages are a great option.

All short term loans secured by a Caveat or Second mortgages rely mainly on a sound Exit Strategy.You must be able to show how the short term loan will be repaid in full at the end of the loan term, such as by sale of a property, refinance of debt etc.