Wanted: Looking for Condo Second Mortgage - No Appraisal or Credit Check
I own a condo in Mississauga next to Square One, mortgage balance is 165k, value is 340k minimum based on comparables confirmed as neighbours recently sold identical units for between 340k-380k.
**Mandatory details I need - Please read**
Looking for a second mortgage to pay down debts, I have credit cards to pay off and have fallen behind on payments, so my credit is not strong, must be based on equity and comparables. Also there must be no in-home appraisal and no visit, my elderly parents have moved in from overseas, they are rearranging furniture and moving things around so I am specifically looking for someone who can coordinate a second mortgage with no appraisal and no visits.
Also the second mortgage must be open and preferably be principal and interest payments, I am not interested in those interest-only second mortgages. Must be similar to a traditional mortgage, with a maturity term and an amortization period, and I want the option to make lump sum and extra payments and pay off early if I am able.
I work full time, my income is 45k and I can afford monthly payments. I am looking to borrow about 30-50k (flexible on amount, please tell me the maximum I can receive with these specifications). I can provide a job letter If this is something you think you can do WITH the details I've specified please contact me with your fees, details of the mortgage and how long it will take.
I know this is a complex request so I am happy to pay extra to the agent who coordinates this for me. Thank you