Nationwide offers a comprehensive second mortgage and equity loans to help you refinance, purchase or consolidate debt with low 2nd mortgage rates. You will find just about everything you need here for second mortgages with fixed or adjustable rates for financing or cash out refinancing.
Please review the loan program details for second mortgage products that are available with Nationwide Mortgage Loans. The mortgage guide below can assist you in selecting a loan that is best for your situation.
Second Mortgage Comparison - Consider loans side by side. Fixed or Variable interest rates for loans up to $500,000.
Second Mortgage Interest is Tax Deductible!
Credit Qualifications - Get more info on what fico scores are required for specific 2nd mortgage programs. Learn more about how much underwriters will approve you for with your payment history reported by Trans Union, Experian and Equifax.
Simple Interest Second Mortgages
These 2nd mortgages are tax deductible installment loans that calculate the interest using simple interest amortization. This type of interest is much better for consumers than compounding interest that increases debt much faster.
125 Second Mortgages
Fixed rate second mortgages up to 125% combined loan to value. First Time Home-buyers OK Credit Rating: Excellent. Key qualifiers: property value, high credit scores 680+ and no stated income allowed.
Featured Mortgage Loan Programs to Consider
California Second Mortgage – Homeowners from regions like San Diego to San Francisco are wrapping their adjustable rate debts into a tax deductible 2nd mortgage loan.
Florida Second Mortgage – Residents from Miami to Orlando are refinancing their variable rate HELOCs into a fixed rate second mortgage loans.
Georgia Second Mortgage – Consumers from Atlanta to Savannah are offered a free appraisal with every second mortgage loan that goes in process with Nationwide.
Podcast: Loan Talk
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Resource Tools
Loan Comparison Calculator
This calculator will help you to compare the total mortgage interest charges of 4 types of loans.
Financing Guides
Take advantage of our no cost financial guides and lending reports that help new homebuyers and homeowners finance their homes without worries.
"Nationwide guided me through the 2nd mortgage loan process with grace and speed as I consolidated my debt and lowered my payments over $500 a month in the process.
Thanks for getting to know me and not just my credit score!" – J. Powell
