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Title: What are the documents needed for securing a home equity mortgage? Post by: sshaugh on June 29, 2018, 05:19:45 AM Hello everyone,
I’m working as a Network Engineer in a multinational corporation for more than five years. I'm planning to start a new business venture along with my few trusted colleagues. Now, I'm forced to raise a huge fund urgently. I have inquired regarding various commercial loans. But, I think it’s not easy to secure one with an affordable interest rate. So, I’m looking for a home equity mortgage. I own a house in Toronto nearby Wychwood Barns Park. I have heard that the difference between 80% of the home’s appraised value and the unpaid balance of the existing mortgage would be the credit limit. While browsing the internet, I came across a few mortgage lending companies in Toronto (https://www.streamlinemortgages.ca) and nearby. What are the documents needed for securing a home equity mortgage? If you know something related to this, please let me know. |