Second Mortgage
Second Mortgage
Min. FICO 680Up to 85% CLTV
Our Second Mortgage is designed to provide an additional financing option for homeowners who are looking to borrow money against the equity in their homes. A Second Mortgage can be used for a variety of purposes, including home renovations, debt consolidation, or other expenses. With this program, you can help your clients unlock the financial potential of their homes while expanding your lending offerings.
Program features
- Max loan amounts up to $500,000
- Min loan amounts $50,000
- DTI up to 50%
- 30-year fixed term
- Gift funds allowed
Why choose our Second Mortgage?
- No FICO option available
- Alt docs allowed
- Eligible for Non-Permanent Resident & Foreign National (Investment only)