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Second Mortgage

At Allott Capital, the borrower chooses to take out a second mortgage.   One of the main benefits is that it allows you to access the equity in your home without having to sell it 12.   This can be useful if you need to fund a large expense, such as home renovations. Second mortgages can also offer lower interest rates than other types of loans since they are secured by your property.

Mortgage Rate

  • Minimum Loan Amount: $50,000

  • Maximum Loan Amount: $5,000,000

  • Up 85% LVR

  • Up to 12 Months Loan Term

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