Second Mortgage

Second Mortgage

The Closed-End Second mortgage is a smart choice for homeowners looking to access cash without needing to refinance their existing loans, with no requirement for mortgage insurance and often more favorable rates than traditional lines of credit.

• Credit Scores Down to 640
• Loan Amounts to $750,000
• Available for Max Combined Loan Amounts of $2.5 Million
• Max CLTV 85%
• Terms: 10, 20, and 30-year fixed terms
• AVMs available for loans ≤ $250,000
• Properties with a solar lien are eligible
• Non-Warrantable Condos Eligible

Whether you’re planning a major home renovation, funding college expenses, or managing medical bills, our fixed-term rates and diverse refinancing options, including Purchase, Rate/Term Refinance, and Cash-Out Refinance up to $750k. Plus, investment properties are eligible, allowing property owners to maximize their investment potential.