equity mortgage

Equity Mortgage

An equity mortgage although secured against the value of a real estate property, the true equity is one where many of the qualifications criteria are overlooked or simplified.

A true 1st mortgage equity program may only extend to 50% or 65% of the appraised value of the real estate.  I this case, there is so much equity that an Equity Lender may not consider factors such as income and credit in the usual manner.  They will however consider the location of the property.  Property should be in a very marketable location in a major urban city where the market is strong.

1st Mortgage

 

 

2nd Mortgage


PURCHASE PRE QUALIFIER

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OUR B LENDING RATES

Guide to our bad credit mortgage rates

FIRST TIME HOME BUYER SPECIAL PROGRAMS

RMA Mortgages offers first time home buyer special mortgage programs to qualified borrowers. Click the links below for more information.
  • Mortgage for Self Employed Individuals
  • Mortgage for New Canadian Immigrants
  • Mortgage for Canada Non-Residents

MORTGAGE RATES

PAY OFF YOUR CREDIT CARDS!

Special 2nd mortgage rate 4.99%!
Conditions apply Oac

2ND MORTGAGE RATES

LTV %RATE
<65%5.99%
65%6.99%
75%7.99%
80%8.85%
85%Please call

2ND MORTGAGE?

NO CREDIT, NO INCOME EQUITY 2nd Mortgages? Response in hours!