Second Lien
Closed-End Second Lien (Fixed)
Fixed-rate, fully-amortizing second mortgage — lump-sum cash-out without refinancing the first.
Available throughout Southern California through Francisco Williams, CCIM, NMLS #1858674.
680
Min FICO
full doc
Docs
Ideal borrower
Homeowners with a low-rate first who want a fixed-rate cash-out.
Program highlights
- Fixed rate
- Lump sum
- Preserves low-rate first mortgage
Typical uses
- Debt consolidation
- Major home improvement
Program details shown are representative guidelines and subject to individual lender overlays and CFPB / agency requirements. Rates shown are illustrative and subject to change without notice. Actual rate, APR, and terms will depend on creditworthiness, loan-to-value, property type, occupancy, loan amount, loan program, and other factors. Not all applicants will qualify. This is not a commitment to lend; all loans are subject to credit approval, income and asset verification, and property appraisal.