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Life is unpredictable and sometimes unforeseen and unplanned expenses stand right in our faces. Such situations leave an individual going for a loan to cover these unexpected costs. Most Canadians often opt for a persona loan or even a spend loan against their credit card, when there is an easy way out to handle such a crisis. And that option is- a Second Mortgage (2nd Mortgage). This article entails detailed information on why you might need a Second Mortgage and how to get one.