Second mortgage loans are a gradually popular method of accessing additional capital.
This type of funding allows the lender to register the second interest on an asset that is already secured. Most second mortgages can go up to 75% of the value of the current property. However, at Finance ok we do have 2nd mortgages that can lend up to 100%.
Most people choose to take out a second mortgage against their property because it is a quick loan solution, most suitable for those who require urgent cash.
Our experienced team will help structure the right loan for your situation so that you can get access to your money quickly. As we use our own funds we can approve the deal in as little as 2 hours and settle within 24 hours.
- Interest rates from 0.89% per month
- LVR’s up to 100%
- Loan amounts from $10,000 to $10,000,000 available
- Funds within 24 hours*
- Unlimited defaults and arrears acceptable
- Deal directly with the source of funds
- We can lend Australia Wide
- Real estate security required
- Specialists in Private 1st and 2nd mortgages
- Fund business capital for your business fast with a 2nd mortgage
- No financials or tax returns to verify income