Second Mortgage Financing
We specialize in second mortgage financing for homeowners with 80-20 purchase or stand alone 2nd mortgage refinance transactions. Our team can help you rebuild your bad credit with a debt consolidation second mortgage.
Second mortgage financing is a great alternative to refinancing your first mortgage loan. A second mortgage is a great way to avoid mortgage insurance with a purchase loan or for getting cash out with a refinancing transaction. Second mortgage financing is similar to a first mortgage first mortgage financing in that it uses your home as collateral. Second mortgages can be amortized with fixed or adjustable rate terms.
Second mortgages are tax deductible, and this is a major edge when comparing unsecured loan options.