The AMF First and Second Mortgages Advantage for Albertans
AMF has provided the best in first and second mortgage options to Albertans since 1993. So if you have a home, in Calgary or Edmonton, a cottage in Sylvan Lake, a farm in Peace River, or other type of property anywhere in between, AMF has the right first or second mortgage solution for you. Chances are we’ve already helped your neighbour access their equity over the years, and we’re here to help you too!
Whether you have a clear title or an existing mortgage on your property, Alberta Mortgage Funding can help you access your equity through a first or second mortgage, while lending up to 75% of the value. A second mortgage can also be referred to as a home equity loan. In either case, AMF can help you get the equity loan quickly, while disclosing all costs upfront.
The equity in your home is calculated by deducting the remaining unpaid balance of your first mortgage from the current market value of your home. Home owners are able to use this type of loan in a number of ways, such as consolidating your debts, making home improvements, business capital and so on.
Through AMF, a home equity loan is based entirely on the equity in your home. We will not check your credit or verify income/employment. Other brokers or lenders may provide home equity loans, but will require you to jump through endless hoops.
See How it Works for more information.