Equity mortgage

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O
okanagan
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I have just read about a scheme whereby an equity mortgage can be obtained resulting in no monthly mortgage payments or interest. However, instead the company requires 40% of equity on the sale of the property. (Second charge)

Has anyone any dealings with this who can offer any advice...or any brokers could set this up? (Shared Appreciation Mortgage)
10/08/2014 17:03

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