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Second Mortgage Investment Opportunities

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Mylendingspace | 12 Jan 2016, 10:34 PM Agree 0
We are one of the largest lender network in Canada, and we have strong second mortgage deals almost every day that fit the following criteria:

GTA and surrounding areas
LTV 55-85%
8-12% annual return
deal pipeline per year is 25M

sign up at to get notified of our deals when they come in
or go to

After you sign up to our email, below is a taste of typical deals that we post to our network of lenders every week

Deal 1:
Property Type:
Single Family Residential House
Appraised Value:
Requested Second Mortgage Amount:
Min Invest Amount for This Deal:
Return for Investor:
Deal Status:
Funds committed within 24 hours

Deal 2:
Property Type:
Single Family Residential House
Appraised Value:
Requested Second Mortgage Amount:
Min Invest Amount for This Deal:
Return for Investor:
Deal Status:
Funds committed within 24 hours

Who Are WE?

We are one of the largest second mortgage lender networks in Canada; We are all lenders just like you. Join us! Either sign up or email us at

​​Why Do Borrowers Need Second Mortgage?

Due to a variety of reasons such as debt consolidation, temporary employment change, damaged credit, divorce etc., home owners need to take equity out of their houses but banks are not willing to lend more money than their existing mortgage. Therefore borrowers come to private lenders such as us.

Annual Return for Lenders:

8-12%, depending on which deal you decide to invest in.

Why Lend Second Mortgage?

Lenders Are On Title of the Property

Mortgage Term is 1 Year or Less

All properties are in Greater Toronto Area and surrounding areas

LTV (Loan to Value) is at or below 85, meaning each property has at least 15% owner equity; if market falls the owner's equity is the first to get hit

No Extra Work is Needed - Just sign investor disclosure forms electronically

Lenders send money to lawyers' trusted account directly and lawyers execute the entire deal

What Fees Lenders Need to Pay To Invest in Any Deal?

Lenders pay NO FEE. Borrowers pay all the fees.

​How Are Interest Paid?

Upon deal closing, lawyers will send the package to lender's mailing address containing title document and 12 posted cheques (if it's a 1 year term); lenders just need to deposit the cheque every month

​How are Principle Paid?

Upon the maturity of the term, mortgage broker will refinance the mortgage to pay out the existing second mortgage lenders; again lawyers will handle the entire discharge process and disburse the final amount directly to lenders
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