Second Mortgage Loans from Gateway Equity
If you need a mortgage, cash injection or a loan without needing to provide up-to-date financials, a bridging loan so you don’t miss an important settlement date or for some reason you can’t settle your current mortgage – don’t worry. This is the case for a lot of Australians.
Gateway Equity offer the fairest and most reliable second mortgage loans around. We have thousands of private investors and lenders that can work to secure your second mortgages quick as possible. If you’ve been turned away by big banks, we’ve got you covered. With a very low interest rate and quick turnaround time, our highly-experienced consultants can help you in structuring your second mortgage. Our team are specialists; your finances are in the right hands.
How do second mortgage loans work?
Second mortgage loans work somewhat like lines of credit. Residential or commercial property, second mortgages work the same for both – this means the money in your loan will come from your property – so you’re borrowing against the equity your property already has.
Second mortgage loans aren’t meant for small purchases – only ever consider second mortgage loans when you have a sizeable equity with a large purchase in mind.
Although second mortgage loans carry a higher interest rate than <a href=”https://www.gatewayequity.com.au/first-mortgage-loans/”>first mortgage loans</a>, the financial experts at Gateway Equity can help you with finding the most affordable rates on the market.
If you think it’s time to take out a second mortgage loan, get in contact with Gateway Equity today on 1300 – 362 – 522.