Bad Credit 2nd Mortgage
Many borrowers have been blessed with a low rate 1st mortgage, so if they need money a 2nd mortgage makes sense. Most loan companies do not allow borrowers with low credit scores to take out 2nd mortgages. You'll learn that our bad credit 2nd mortgages have fewer restrictions than most subprime lenders and our interest rates are competitive. Consider a bad credit refinance if you have a first mortgage rate above 5%. If you already have a great interest rate on your 1st loan, then qualifying for a 2nd mortgage may be the best solution for you.
Do you need cash but do not want to refinance your 1st mortgage?
Get money in a 2nd mortgage for bad credit and leave your current home loan untouched.
Refinance credit lines with a fixed rate home equity loan.
Home credit lines can be convenient for home repairs and emergencies, but eventually these adjustable rate 2nd mortgages become a liability like your credit card, because the revolving interest rises. If you have reached the credit line's limit, we recommend a fixed rate refinance as soon as possible. Many borrowers have mortgages beyond 100% so refinancing can be tricky.
Refinance Adjustable Equity Loans
Consolidate bad debts, high rate home equity loans and escalating credit card interest!
|Home Loan Blogs Worth Visiting for Rates, Tips, and New Loan Program Information
|Not as many lenders offering a wide home equity refinancing and lines of credit.
||Catch up with the latest refinance programs from government & private lenders. See more second mortgages.
Bad Credit Home Improvement Loans
Remodel your home and take advantage of 2nd mortgage tax deductions up to $100,000!
*See your tax advisor for details.