Fixed Rate Second Mortgage
Mortgage Refinance - Fixed FHA Mortgage Rates

Nationwide Mortgage Loans offers fixed rate second mortgages and FHA mortgage refinance loans designed for borrowers who need a lower fixed rate payment that doesn't adjust as the wind blows. We offer exclusive 95% cash out FHA loans with competitive interest rates for 15 and 30 year terms. For those homeowners who already have a good rate on their first mortgage, we offer convenient 100% and 125% loan programs with no equity required for cash out refinancing. We have become a highly respected home equity loan broker because year in and year out they provide consumers competitive fixed rate second mortgages. Our team of financing consultants will help you choose the right loan, whether it's a FHA home loan or second mortgage, our team of experts will make sure that you can afford the monthly payment at the lowest possible interest rate.

Ask a loan officer to help you get the latest fixed interest rates for FHA cash refinance loans, second mortgage loans, home equity lines of credit, refinance and purchase money 2nd mortgages for people with both good and bad credit scores.

As the Federal Reserve looks to increase HELOC's and adjustable rate second mortgages, it may be in your best interest to lock into a fixed rate 2nd mortgage in 2007.

Refinance your existing second mortgage or take out a new 2nd mortgage and lock into a fixed rate loan with fixed terms and fixed payments for the life of the loan. Fixed rate second mortgages are perfect for financing home improvements, consolidating credit card debt or making investments.

Fixed Rate Mortgage Refinance Loans from FHA

FHA Home Mortgages offer 30-year fixed interest rate terms.

FHA home loans are government insured mortgages that are available up to 97% rate and term or 95% for debt consolidation and cash back refinancing. (fico scores are not considered, but mortgage history in the last 12 months is critical)

The FHA Secure mortgage was introduced last year and in 2008 and 2009 many troubled homeowners should benefit and be able to save their home. Millions of borrowers have had been suffering with adjusting mortgage rates and many of them are unable to afford their new variable rate payment. The FHA Secure give borrowers another chance to refinance into an affordable fixed rate loan.

Also see options for FHA Streamline Refinance, FHA Home Loans and FHA Secure Refinancing.
  • Fixed Rate Simple Interest Mortgages to 125%
  • Second Mortgage Refinancing with Fixed Interest Amortization
  • Debt Consolidation Loans with Reduced Rate 2nd Mortgages
  • Pay off Adjustable Rate Credit Lines with Fixed Rate Second Mortgages

Nationwide Mortgage Loans Loan Spotlight

125 Second Mortgages
Fixed rate second mortgages have become helpful refinancing tools for homeowners that have accumulated an excess of credit card debt but don’t happen to have any available equity for refinancing. These 2 nd mortgage loans enable consumers to pay off bills, refinance variable credit card interest and get additional funds to finance some home improvements.

Also see options for No Income Verification, Bill Consolidation and Bad Credit Refinancing.

Fixed Rate Second Mortgage

Fixed interest Rate Guarantee

Second Mortgage to 125%

Convert Adjustable to Fixed Rate

Fixed Payment for Debt Consolidation

Lower Payment Mortgages

Refinance all of your loans into
one Low monthly Payment.

No Mortgage Insurance Required!

First Time Homeowners OK

Learn more about 125 Second Mortgages

Refinancing second mortgages with fixed interest rates can save you money, and help you pay back the loan within a reasonable time frame. If you currently have an adjustable rate second mortgage or home equity line of credit, it makes a lot of sense to review your refinance options and lock into a fixed rate loan. Fixing the rate can help you feel secure with your finances because it provides a fixed monthly payment, and a fixed interest rate that has a fixed term for repayment. You can borrow against your home's equity when you need cash, with either a second mortgage or an equity line of credit, depending on your needs. Both offer tax advantages that most other financing options don't offer.

Nationwide 2nd Mortgage Spotlight

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.
Also see options for No Income Verification, Debt Consolidation Loans and Bad Credit Refinancing.

 

Resource Tools


>> Approval vs Pre-Qual

>> 2nd Mortgage Programs


Free Finance Guides & Helpful Consumer Reports

Take advantage of our free financing guides that help 1st time homebuyers.

Equity Credit Line Fed Tips
Credit Score Info

 

More Second Mortgage Types:
No Income No Assets | Purchase Money | Stand Alone | Balloon | Wholesale | 40 Year Loans | Commercial | Silent | Refinancing | Simple Interest 2nd Mortgages | Light Documentation | 1 Pay-Stub | Secure Liens | Bill Consolidation | 125% Second Mortgages | No Ratio | Stated Income Verified Assets | Cash Out | No Equity Mortgage | 2nd Mortgage Types - Index
Rate Assumptions | Home Equity & Mortgage Handbooks | Apply Now | About Us | Contact Us | Testimonials | Privacy | Site Map
Nationwide Mortgage Loans, 515 Encinitas Blvd. Ste 100, Encinitas CA 92024, 1-800-242-6986
Nationwide is affiliated with a federally chartered bank located in Maryland licensed to offer home loans in all 50 states.
Copyright © 2001-2008, Nationwide Mortgage Loans, BDnationwidemortgage.com. All rights reserved. Do not duplicate in any form.