Own Your Dream Second Home

• Qualifying for a Second Home Mortgage: Just like buying a primary residence, qualifying for a second home mortgage requires meeting certain criteria. This includes passing the stress test, maintaining a good credit score, and having a debt-to-income ratio within an acceptable range. Our team will help you navigate these requirements and find the best mortgage options for your situation.
• Down Payment Considerations: The down payment for a second home is influenced by factors such as the property's purchase price, the number of units on the property, and whether you plan to live there. Our mortgage advisors will assess your profile, current market conditions, and other relevant factors to provide you with the most suitable down payment options.
• Interest Rates and Affordability: We'll offer you competitive interest rates on your second home mortgage based on your profile and market conditions. The interest rate plays a significant role in the overall affordability of your new property, so we'll help you compare offers and find the best rate available.
• Financing Options: If you're a current property owner, you may have the option to use the equity in your current home to finance the purchase of your second property. Our experienced mortgage brokers can guide you through the process of leveraging your existing home's equity to secure financing for your second home.

Whether you're looking for a vacation home, a weekday residence, or an investment property, Keith Uthe Demystifying Mortgages is here to assist you. We have the expertise and industry connections to find the right mortgage solution for your second home. Contact us today to discuss your options and take a step closer to owning your dream second property.