Commercial second mortgages are rising in popularity as the volume of commercial properties being sold increases. The sale price for commercial buildings has become astronomical, so second mortgages can ease the purchase shock.
Nationwide is a mortgage broker from California who offers commercial second mortgage loans for qualified borrowers regardless of past credit problems.
Nationwide Mortgage Loans provides 2nd mortgage solutions to help you consolidate loans and finance apartment buildings and investment properties. Find out how much your clients can finance office buildings that are zoned commercial or mixed use.
Please view the popular loan products below. If you need more information, Please select the loan that meets your financing needs most. To get more details click the relevant link below that meets your needs and for further research and advice.
*Second mortgage loan approvals are subject to application submission to Nationwide Mortgage Loan Company. The standard conditions for approvals are underwriting qualifications such as: verification of income, employment, assets and other information like obtaining an acceptable property.
Home Equity Loan Terms
125% Second Mortgage
You can go beyond the value of your home. No equity is required, just a good credit history.
The primary purpose for 125% home equity loans is consolidating debt. Take advantage of great rates and pay off bills while refinancing high interest loans. Transferring credit card debt to a 125% loan will eliminate compounding interest and save you a significant amount of cash over the life of the loan.
When adding a second mortgage, you must be aware of your credit score, because it is typically the most important factor. Know your fico score with Trans Union, Experian and Equifax before you apply for a 125%.
Get a $55,000 Debt Consolidation Loan or 2nd Mortgage for $375 a month.