- 409 Matheson Blvd E, Mississauga, ON L4Z 2H2, Canada
- +1-416-655-4030
- Mon-Sun 9am - 6:00pm
- 416-655-4030
- Mon-Sun 9am - 6:00pm
Are you exploring financial options to cover large expenses, consolidate debt, or invest in a new opportunity? A second mortgage in Toronto can provide the funds you need without disrupting your primary mortgage. At Rapid Mortgages, we specialize in providing tailored second mortgage solutions designed for homeowners who want to make the most of their home equity.
Whether you're facing unexpected costs or planning for something big—like a renovation, tuition, or investment—our team at Rapid Mortgages is ready to support you with transparent advice and competitive options.
A second mortgage is a type of loan taken out using the equity in your home as collateral, without affecting your existing mortgage. This financial tool allows you to borrow against the value you've built in your property, giving you access to funds with more flexibility than many other loan types.
Unlike refinancing your current mortgage, a second mortgage exists as a separate agreement. You can continue with your original loan terms while using your second mortgage to meet urgent or strategic financial goals.
Choosing the right lender makes a significant difference. With Rapid Mortgages, you gain access to:
We understand that taking a second mortgage is a major decision. Our approach is client-first—meaning we assess your unique needs and match you with the best options available.
At Rapid Mortgages, we’ve helped hundreds of homeowners like you unlock their home equity for purposes such as:
Our experienced second mortgage lenders in Toronto will help you explore the best route based on your property value, equity, and financial goals.
When comparing your options, it's essential to understand second mortgage rates in Toronto. These rates are typically higher than those of first mortgages because the second loan carries slightly more risk for the lender. However, with the right advisor on your side, you can still lock in competitive rates.
At Rapid Mortgages, we work hard to secure the best available rate based on your credit score, home equity, and loan-to-value ratio. Our strong connections with private lenders, trust companies, and other institutions give you access to multiple borrowing options—so you're not limited to just one source.
We're not just a broker—we're your advocate. When you work with Rapid Mortgages, you're partnering with a team that:
We believe homeowners should be empowered with knowledge. That's why we walk you through every step of the second mortgage process—from initial evaluation to final signing—so you're always in control.
If you’re a homeowner looking to unlock equity or achieve specific financial goals, a second mortgage in Toronto could be the smart solution. At Rapid Mortgages, our job is to help you get there faster, easier, and with total clarity.
We offer more than just access to funds—we offer peace of mind. With our local expertise, competitive second mortgage rates in Toronto, and trusted network of second mortgage lenders in Toronto, we ensure you get the solution that fits your life—not just your loan file.
Discover how a second mortgage can work for you. Contact Rapid Mortgages to speak with one of our experienced mortgage advisors. Let’s find the right path forward—on your terms.
Choosing the right lender makes a significant difference. With Rapid Mortgages, you gain access to:
We understand that taking a second mortgage is a major decision. Our approach is client-first—meaning we assess your unique needs and match you with the best options available.
This depends on your home’s current market value, the equity you’ve built, and your existing mortgage balance. Most lenders allow borrowing up to 80-85% of your home’s value.
This depends on your home’s current market value, the equity you’ve built, and your existing mortgage balance. Most lenders allow borrowing up to 80-85% of your home’s value.
Yes. Many of our second mortgage lenders in Toronto are open to working with individuals who have less-than-perfect credit. We’ll help you find a lender who sees beyond your credit score.
