If you have built equity in your property, a private mortgage can turn that value into usable funds. Here is how accessing equity works.
What is home equity?
Equity is the difference between your property’s value and what you owe on it. As you pay down your mortgage and your property’s value holds or rises, your equity grows.
How a private mortgage unlocks it
A second mortgage lets you borrow against that equity without touching your existing first mortgage, giving you access to funds while keeping your current financing in place.
Common reasons to access equity
Homeowners tap equity for renovations, debt consolidation, business needs, or to bridge a short-term gap.
Ready to talk?
If this fits your situation, start your application or contact us and we will help you understand your options across Ontario.
This article is for general information only and is not financial, legal, or investment advice. Please consult a qualified, licensed professional before making any decision.