09/26/2024
Second Mortgages!
Second Mortgages provide the option to tap into the equity of their home to access cash without it affecting the rate on their original loan.
Why Seconds Make Sense:
• Get Cash out without refinancing your existing loan
• Seconds do not require Mortgage Insurance
• Rates on Seconds are often better than lines of credit
• Lower the down payment when paired with a first lien*
• Pay for a large purchase such as; home improvements, home renovations, college expenses or medical bills.
• Fixed Term rates available
• Purchase, Rate/Term Refinance and Cash-Out Refinance available (Max 2MM)
• Investment properties eligible
Program Highlights:
• Credit Scores Down to 660
• Loan Amounts to $2,000,000
• Available for Max Combined Loan Amounts to $2 Million
• Max CLTV 85%
• Terms: 10, 20, 30 year terms
Send a message to learn more