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Preserve your first rate
Keep your low first mortgage intact while accessing additional funds through a second charge on your property.
Learn MoreSecond Mortgages
Second Mortgages
Access equity without touching your first mortgage
- Keep your existing first mortgage
- Fast equity access
Apply Now For Instant Approval
20+Years of Experience
50+Lender Partners
5K+Happy Clients
4.9★Client Rating
50+Lender Partners
Second Mortgages
Tap your equity without breaking a great first mortgage
A second mortgage lets you borrow against your home equity while keeping your existing first mortgage in place — useful when you want funds but do not want to break a great existing rate or pay prepayment penalties.
Why a Second Mortgage
Equity access without the penalty
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Debt consolidation
Use a second mortgage to pay off high-interest debt and simplify your monthly finances.
Debt Consolidation🏆03
Fast approvals
Second mortgages often close faster than a full refinance, making them ideal for time-sensitive needs.
Apply OnlineSteps & Process
Second mortgage process
We find the most cost-effective second mortgage for your plan.
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Free Consultation
Tell us about your goals and we will outline the best second mortgage options for your situation.
02
Document Review
We review your income, credit, and property details and match you with the right lenders.
03
Compare & Approve
We shop 50+ lenders on your behalf and secure competitive terms tailored to your file.
04
Fund & Close
We guide you through signing and funding so you can move forward with confidence.
Mortgage Solutions
We Offer To You
Explore our full range of mortgage products and find the right fit.
Choose Your Service
Why You Should Choose AKAL Mortgages Inc.
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Borrowers
- When we say YES! We stand behind our promise
- Mortgage solutions based on your needs and qualifications
- Fast approvals and quick closings
- Save time and money
- Lower mortgage rates due to lender discounts and promotions
- Licensed, knowledgeable and experienced
- Protect your credit score
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Brokers
- The Most Important: Dedication to our agents!
- Bootcamp-3-days: Learn Lead Generation, Products and Underwriting
- Training: Weekly training and industry updates, One on one support
- Mentoring: Specialize in Residential, Business and Commercial
- Lead Generation: Proven successful campaigns to generate leads
- Personal website; mobile Apps; online virtual meetings, e-signatures
- Lenders: VIP access to more lenders and top tier compensation
- Professional office (at no cost to you): Meet your clients at the office
Our Valuable
Awards And Recognitions
AKAL Mortgages Inc. is honoured to showcase recent national awards, reaffirming our commitment to excellence in delivering innovative solutions for consumers and brokers.
Testimonials
Loved by thousands of clients
Bhavjeet at Akal Mortgages is the best mortgage agent, who truly goes above and beyond for his clients, with his expertise and deep knowledge. Always available on phone to answer all inquiries. Highly recommended.
ZA
Zulfiqar Ali✓ Verified Client Review
★★★★★
“I had an excellent experience working with Bhavjeet at Akal Mortgages Inc. He took the time to truly understand my situa…”
BC
Balbir Chera★★★★★
“Bhavjeet was very cooperative and knowledgeable in his field. Highly satisfied with the service provided by him and the …”
AN
Amir Naseer★★★★★
“I thoroughly enjoyed the three-day bootcamp at Akal Mortgages led by Bhavjeet. The practical information and real-world …”
SA
Siddhant Arora★★★★★
“Great service from Bhavjeet at Akal Mortgages — professional, responsive, and made the whole process smooth and stress-f…”
AB
Amar BhullarFAQ
Frequently Asked Questions
Have questions about second mortgages? Our mortgage experts are ready to help with a free, no-obligation consultation.
Contact UsA loan secured against your home that sits behind your first mortgage. You make payments on both mortgages separately.
When your first mortgage has a great rate or large prepayment penalty, a second mortgage avoids breaking that deal.
Yes, typically higher than first mortgages because the lender takes second priority. We find the most competitive options available.
Combined first and second mortgages usually cannot exceed 80% of your home's value, though some private lenders go higher.
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