Are first and second mortgage rates the same?
I was interested in getting more information about applying for a second mortgage.
Are the rates higher than that of a first mortgage?
Answers
By Canadalend
Hi there and thank you for reaching out to the Canadalend team.
Yes, the rates for a second mortgage are generally higher than a first depending on what type of lender approves you but at Canadalend.com we will find the best rate suited for you.
Feel free to also contact our mortgage specialists via phone:
Ready to Apply for a Second Mortgage?
Fill out an application online, or call Canadalend.com and one of our agents will be able to assist you.