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Why Purchase Your Second Property Through AKAL Mortgages?

When you are purchasing a second home, financing this property will be considerably more complex than financing a home that you don’t plan on living in all year round. Qualifications vary, and often it is not easy to find a lender willing to give you the funds to make your dreams come true. That’s where we fit in!

We’ve established relationships with Canada’s leading financial institutions and private lending groups to help you make your goals achievable.

• Equity Financing available for clients who can’t show their income
• 40 YEAR AMMORTIZATIONS are available for second homes
• High Ratio Financing On Second Homes
• 95% Financing on second homes is available!!

Once you’ve decided on the plans and location for your second home, AKAL Mortgages is here to help make your dreams come true.

Depending on your credit, you’ll be able to qualify for the best rates as well as high-ratio mortgage financing on your second home. While the ratio’s don’t go as high as your primary residence mortgage, our expert mortgage consultants can often come up with innovative ways to obtain 100% financing on your purchases!

AKAL Mortgages is proud to announce that we are now also offering refinancing on second homes up to 90% of the appraised value in major urban centers.