Want a mortgage top-up, but don't want to refinance your first mortgage? A common case for some people. This product is not suitable for all applicants, but certain reasons may justify the option. Further discussions with a Redilend Consultant will reveal the correct decision. 2nd mortgages allow you to release equity within your realestate eliminating the need refinance the first.

Yes they are more expensive than traditinal 1st mortgages, but once again the benifits may outweigh the expense. Some reasons for using this product may be to renovate your home, consolidate debts, open up or expand a business, even get your hands on some cash for any worthwhile purpose as 2nd mortgages are quite easy to qualify for.

To find out more, call us now on 1300 85 45 75. We would love to discuss your alternatives.