www.ontariomortgagesuperstore.com
Top Mistakes to Avoid When Applying for a Second Mortgage
Avoid common second mortgage mistakes: underestimating costs, overborrowing, neglecting credit score impact, skipping lender comparisons, ignoring repayment terms, and failing to budget for higher payments. Also, ensure proper documentation, avoid rushed decisions, and factor in potential rate increases. Consulting a financial advisor can help prevent costly errors.
