Second Mortgages
Get approved for a private second mortgage in as little as 24 hours, even with bruised credit, past late payments, or urgent financial needs.
Lendworth specializes in equity-based second mortgages designed for homeowners who need fast, flexible financing without bank delays.
Lendworth Second Mortgage?
Equity lending that works for real people.
Rates starting from 9.99%
Easy approval — credit challenges welcome
Up to 80% combined LTV (case-by-case)
Lightning-fast funding — 24 to 48 hours
Flexible proof of income requirements
Clear terms, no surprises, no hidden fees
Servicing Ontario homeowners across GTA, Vaughan, Toronto, York Region
We lend based on the equity in your home, not the complexity of your income.
Second Mortgage Right for You?
A second mortgage is ideal if you want to.
Consolidate high-interest debt
Pay off credit cards or lines of credit
Stop collection calls or avoid bankruptcy
Catch up on mortgage arrears or property tax arrears
Renovate or invest in your home
Fund a business or investment opportunity
Cover emergency expenses or bridge short-term cash flow
Access money without breaking your low-rate first mortgage
If your property has equity — you likely qualify.
How Much Can You Borrow?
Your home’s equity determines your approval.
Loan amounts: $25,000 – $1,000,000+
Combined LTV: Up to 80% depending on location & risk
Terms: 6–24 months
Rates: Starting from 9.99%
Property Types: Residential single-family homes, townhomes, semis, condos (case-by-case), investment properties
We prioritize location, liquidity, and realistic valuations.
Our Lending Criteria.
Simple, fast, transparent.
Ontario homeowners with equity
Minimum property value: $400,000 (city-dependent)
Strong preference for GTA, Vaughan, Toronto, York Region, Peel, Durham, Halton
Appraisal may be required (same-day approvals available)
No minimum credit score required
If you’ve been turned down elsewhere — we can likely help.
Your Home Equity Can Solve Today’s Problems.
Fast, flexible first & second mortgages for Ontario homeowners.
Top Second Mortgage questions answered
Unlock your home equity in minutes
A second mortgage with Lendworth can be approved in as little as the same day and funded in 48 hours, depending on your lawyer’s availability. Because we focus on home equity—not income or credit—we can move significantly faster than banks or credit unions.
No. Credit is not the primary factor in our decision. We mainly look at your home’s equity, current mortgage balance, property value, and your plan for the funds. Even with low or bruised credit, many borrowers qualify easily.
We typically lend up to 75% loan-to-value (LTV) combined with your first mortgage. The exact amount depends on your property type, condition, and location. We provide fast, transparent quotes with no obligation.
Common uses include:
• Debt consolidation
• Mortgage arrears
• Stopping Power of Sale
• Home repairs or renovations
• Business or investment capital
• Divorce or legal settlements
• Paying off high-interest debt
As long as you have equity, the funds can be used for almost any purpose.
Yes. A second mortgage is registered behind your existing first mortgage. Your first mortgage remains in first priority on title, and the new mortgage becomes the second charge. This means you can keep your existing mortgage unchanged while accessing additional equity.
More Loan Products We Offer
Explore more of our loan options below and find the one that best fits your needs.
Whether you’re exploring first mortgages, looking to tap additional equity through a second mortgage, or preparing for a new property with a purchase mortgage, Lendworth offers fast, flexible solutions for every situation. Homeowners who want to lower payments often choose a refinance, while those needing revolving access to funds may benefit from a home equity line of credit (HELOC). If you're buying before selling, our bridge loans provide seamless short-term financing, and borrowers with unique properties can take advantage of specialized land loans. For major renovations or new builds, our construction loans offer staged funding designed to keep your project moving without delay.
Mortgage Solutions We Offer
We have a solution built around your home equity and your goals.
Whether you need fast access to equity through private lending, flexible solutions designed for self-employed borrowers, or a clear path to debt consolidation, Lendworth provides efficient, borrower-focused options for every situation. Homeowners facing urgent timelines can rely on our support to stop power of sale, manage mortgage arrears, or secure specialized probate and estate loans during challenging transitions. When unexpected expenses arise, our emergency loans offer rapid funding, and clients navigating separation can benefit from our tailored divorce buyout loans that help preserve stability and protect their homeownership goals. Check our FAQs for more information.
Why Borrowers Trust Lendworth
We are a GTA-based private mortgage lender committed to transparency, fast turnaround, and strong investor-backed lending. Our approvals rely on real-world property values, ensuring you receive a fair and accurate offer every time.
Backed by Lendworth MIC’s disciplined underwriting process, we focus on capital preservation, efficient execution, and five-star service.