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Second Mortgages
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Consolidate debt, get cash, or just
lower the payment on your second
mortgage — it's easy.
Adding a second mortgage loan to your existing first mortgage can provide many benefits, and we can assist you with securing the right second mortgage loan, right now. We work with many lenders that specialize in second mortgage loans, and we can help you find the best second mortgage available based on your needs and budget.
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Obtaining a second mortgage allows you to leave your larger home loan — your first mortgage, in place. If you already have a good interest rate on your first mortgage, are happy with the term, or you've been paying on it for an extended period of time, it's often better to add a second mortgage rather than refinance your existing first loan. |
Benefits of a Second Mortgage Loan
Use your second mortgage loan any way you like:
- Consolidate your high-interest credit cards or other debts into one lower monthly payment
- Get cash for home improvements, college tuition, investments, your business, medical expenses
- Refinance an existing second mortgage to lower your monthly payment
- Take a special vacation, have a dream wedding, pay cash for a new car, any purpose
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We offer a variety of flexible second mortgages 1
- 5-year to 30-year fixed-rate second mortgages
- Second mortgages up to 100% of appraised value
- Variable and fixed rate home equity lines of credit
- Conventional second mortgages from $20,000 to $500,000
(Minimum 620 middle credit score required for conventional 2nds)
- Hard Money (private) second mortgages to 65% of
value and up to $2.5 million+
- No income verification needed on many 2nd loans
- Second mortgage loan programs, terms, and/or maximum loan amounts subject to credit and lender underwriting approval. Restrictions and conditions apply.
For purchase transactions, we offer many second mortgage loans that accompany first mortgages when more than 80% of the value of the property is borrowed, so there's no costly mortgage insurance to pay.
A free quote for your second mortgage loan with no obligation is available today — just call me, or inquire about a second mortgage loan online and I'll customize a second mortgage that meets your needs.
Get your a personalized Mortgage Analysis Report — see & compare the benefits in writing
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