Second Mortgage in Toronto, Ontario At ABC Mortgages we understand that there are situations when you will need a second mortgage. Our Second Mortgage program allo]s you to take up to 95%* of the equity out of your home (*ONTARIO ONLY!) regardless if you are Self Employed, have poor credit or are previously Bankrupt.
How you Might Benefit from a Second Mortgage If your current mortgage is locked in at a low interest rate it may be beneficial to take out a second mortgage rather than refinancing your home due to penalties and fees.