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How to Avail Private Second Mortgages in Toronto_.pptx

Private Second Mortgages are a type of mortgage that allows you to acquire additional finance on your property. Tembo Financial Inc., licensed by the Financial Services Commission of Ontario, is a Mortgage Brokerage and non-traditional finance company, offering Private Second Mortgages in Toronto.<br>https://www.tembofinancial.com/services/mortgages/

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How to Avail Private Second Mortgages in Toronto_.pptx

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  1. How to Avail Private Second Mortgages in Toronto?

  2. What is a Private Second Mortgages? Private Second Mortgages are a type of mortgage that allows you to acquire additional finance on your property. It’s designed as an additional investment vehicle or income source allowing people to borrow a lump sum amount against their home which can be used to pay off other debts, pay for expenses such as holidays and start saving towards retirement. The private second mortgages Toronto are called the second mortgage because the purchase loan is the 1st loan that must be repaid when the house goes into foreclosure. This means that when something severe occurs where you cannot pay the mortgage and the lender sells your property, and the first mortgage will get paid first.

  3. Benefits of Private Second Mortgages Consolidate and pay off debt Unexpected large expenses Home renovations ● ● ●

  4. Benefits of Tembo Financial for Your Mortgage Same day commitments Flexible terms available Funding in 48 hours* Interest only payments No prepayment penalty- option available Prepay interest upfront from the advance No GDS/TDS Lender fees range from 2% and up Power of Sale/Foreclosure buyouts Mortgage arrears Tax arrears Bridge financing ● ● ● ● ● ● ● ● ● ● ● ●

  5. Website: TEMBO FINANCIAL Facebook: https://www.facebook.com/tembofinancial Twitter: https://twitter.com/tembofinancial Linkedin: https://www.linkedin.com/company/tembo-financial -inc-/ Instagram: https://www.instagram.com/tembofinancial/

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