Are you held back by high-interest rate debt? A second mortgage can be a great way for homeowners to consolidate debt. Although, second mortgages often carry higher interest rates than first mortgages, these rates are still often lower than high interest credit cards, car lease payments or unsecured lines of credit.  Beyond debt consolidation, a second mortgage can be used to finance other life events such as higher education, vacations, home improvements, etc.

Common uses for Second Mortgage

  • Debt Consolidation
  • Credit Improvement
  • Home Improvement
  • Vacation
  • Education
  • Bridge Loan / Deposit on Home Purchase

Quick Facts about a Second Mortgage

  • Higher Approval Rates: Lenders offer more lenient qualification requirements
  • Shorter Loan Terms: Lending is short-term ranging from 6 months to 1 year
  • Quick Turn-around Times: Closing can be as quick as 48 hours
  • Lower Rates: Lending rates typically start at 5.99%, which are lower than other high-interest credit options
  • Additional Fees: You may pay a fee of 1.5% to 2%.

At Everything Mortgages, we have access to a network of second mortgage lenders, both institutional and private. Our mortgage specialists can match you with a lender in as quick as 48 hours regardless of your credit, income and employment challenges.

Some of our Lenders (add logos ribbon same as on the landing page)

  1. Kuber Mortgage Investment Corporation
  2. JV Capital
  3. Vault Mortgage Corporation
  4. Ginkgo Mortgage Investment Corporation
  5. Oppono Lending Company
  6. Secure Capital Mortgage Investment Corporation
  7. Interfinance Mortgage Corp
  8. Fisgard Asset Management Corporation
  9. Pillar Financial Services
  10. Magnetic Capital Group
  11. Indigoblue Mortgage Investment Corporation
  12. Frist Swiss Mortgage Corporation
  13. Tribecca Finance Corporation
  14. Lanyard Financial Corporation