What do you need to know about second mortgage in Canada?
If you’re a Canadian homeowner, you’ve probably heard about second mortgages. But what is a second mortgage? It’s a type of loan that is secured by your home, similar to a first mortgage provided by a traditional bank. Over time you build up equity in your house, and a second mortgage allows you to use the equity you’ve built up.
DA: 22 PA: 35 MOZ Rank: 3