In certain cases, we are able to write a short-term 2nd mortgage that allows borrowers to keep their low interest 1st mortgage with the bank in place while gaining access to some of their equity. 1st mortgage must be current and the borrower must have a realistic exit strategy.
- 2nd Trust Deeds up to 60% Combined Loan to Value
- $50,000 to $1,000,000+
- Refinance & Cash Out
- Fixed Rates
- 1 to 3 Year Terms
- Residential & Multi-Family 5+ Units