by Prudent Financial Services | Sep 10, 2020 | Bad Credit Borrowing, Bad Credit Mortgage, Debt Consolidation, Equity Loans, Home Equity Loan, Loan After Bad Credit, Mortgage Financing, Prudent Mortgage Corp, Second Mortgage
A Home Equity Loan (also known as Second Mortgage) is essentially another loan separate from your original mortgage with a lien on property in second position. A lien is the right to possess and seize property under circumstances explained in your mortgage documents....
by Prudent Financial Services | Oct 2, 2019 | Bad Credit Mortgage, Borrow With Your Home, Financial Problems, Getting Out of Debt, Home Equity Financing, Home Equity Loan, Home Equity Personal Loan, Mortgage Financing, Mortgage Renewal, Prudent Financial, Prudent Mortgage Corp, Second Mortgage
We write a lot about dealing with outstanding debt and finding more space in your budget – but what can you do if the problem isn’t your budget, but rather your expenses? It happens sometimes that the cost of living for a person or family may simply be too high....
by Prudent Financial Services | Aug 14, 2019 | Build a Strong Budget, Consolidating Debt, Consumer Proposal, consumer Proposal in Ontario, Credit Card Debt, Debt Consolidation, Debt Freedom, Debt Management, Prudent Financial, Saving Money, Second Mortgage
Sometimes no matter how much you try to make ends meet, your monthly expenses stretch you thin. In this case, you have two options: the first is to earn more money (easier said than done sometimes!). The second option is to reduce your monthly expenses. There are...
by Prudent Financial Services | Jun 13, 2019 | Bad Credit Mortgage, Borrow With Your Home, Home Equity Financing, Mortgage Financing, Prudent Financial, Prudent Mortgage Corp, Second Mortgage
Is a second mortgage the right choice for you? If you’ve been wondering the answer, here’s how to tell. First off, let’s define what a second mortgage is. When you first buy your home, you take out a purchase loan – your first mortgage. This is typically secured by a...
by Prudent Financial Services | Apr 10, 2019 | Bad Credit Mortgage, Borrow With Your Home, Home Equity Financing, Home Equity Loan, Home Equity Personal Loan, Mortgage Financing, Mortgage Refinancing, Prudent Financial, Prudent Mortgage Corp, Second Mortgage
Thinking about applying for mortgage refinancing? It can be a great way to: Consolidate debtFund a home renovationPay for a big event, like a weddingCover education costsAnd more. But if you’re looking into mortgage refinancing, you’ll need to decide where to secure...
by Prudent Financial Services | Sep 12, 2018 | Home Equity Loan, Mortgage Refinancing, Prudent Mortgage Corp, Second Mortgage
A Prudent Mortgage Corp. second mortgage is one of the best deals you’ll find. Borrow up to 80% of your home’s value. We offer reasonable second mortgage rates and interest rates and we always assess you based on your merits. Consumer proposal okay! Bad credit okay!...
