First and Second Mortgages

A first mortgage is the primary lien against your real estate. As the primary method of financing to complete your real estate purchase, the choice of selecting the proper first mortgage lender is important, including the flexibility of the terms.


A second mortgage is second in priority after your first mortgage. With a second mortgage, you can achieve up to 80-85 percent of the property value of your home.


Home renovations, debt consolidation or education costs are some of the many reasons why a second mortgage is a good fit. If a bank is threatening to break your first mortgage with a large penalty, a second mortgage might be the solution you are looking for.