Second Mortgage Loans

Australian Loans provides a comprehensive range of the latest second mortgage products from leading australian lenders to suit your personal investment or business finance needs....

Wednesday 17th of January 2018

Second Mortgage Loans | 2nd Mortgage Loans

Second Mortgage loan refers to a second loan secured under an existing first mortgage upon a piece of property, typically by the home owner. One of the main driving forces that prompt people to take out a second mortgage on their home or commercial security is for debt consolidation or to increase equity funds quickly for investment purposes.

Second mortgages usually carry a higher interest charge as the first mortgage carries first priority in the case of mortgage default.

There are also fees to be paid as you are essentially obtaining a new loan. These include loan origination fees, appraisal fees, and closing cost related fees.

Let us help you find and organise the right second mortgage facility today!..

 

                       Thought about an Unsecured Business Loan ?

                       If you are a business owner and want to expand or require urgent cash flow, 
                    you may consider quick business financing, such as a short term business loan. 

                              To find out more & apply for an Unsecured Business Loan CLICK HERE


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