Bad Credit 2nd Mortgage

Bad Credit Second Mortgages

Nationwide Mortgage Loans continues to monitor the pulse of the sib-prime market. The percentage of payment defaults often dictates whether guidelines will be tightened or loosened. We provide homeowners every day with an opportunity to lower their payments and get cash out for multiple purposes. We work with top lending institutions across the country designing the non-prime second mortgage programs that were created for people with bad credit scores.

Borrowers can choose from home equity loans, mortgage refinance, interest only second mortgages, and home equity lines of credit for homeowners who have low credit scores or a bad credit history. Consider taking out a second mortgage if you need to access cash or consolidate credit card debt, but don't want to refinance you existing first mortgage.

Bad Credit 2nd Mortgage Loans

Sub-Prime 2nd Mortgages

Low Fico Scores OK

Fixed Rate Second Mortgage

Cash Out for Debt Consolidation

Refinance Adjustable Rate debts!

Low Interest Only Payments

No Mortgage Insurance Required!

Past Bankruptcy OK

Learn more about Second Mortgages

Whether you have poor, fair, or perfect credit, we have loan programs that can help you finance your dream home or simply refinance your existing loan for a lower rate.

What is the maximum loan to value for 2nd mortgage loans if you have bad credit?
The maximum loan to value will mostly depend on your credit score. For example if you have 560 fico score, you will be restricted to borrowing a maximum loan amount that does not exceed 90%. If your fico score is 600 you may qualify for 100% financing, but debt to income ratio will come into play with underwriting as well.

Program Highlights

  • Fixed Rate Loans
  • 1st-time Homeowners OK
  • Competitive Low Rates
  • No Mortgage Insurance
  • Loans up from $25,000 to $ 500,000
  • Borrow from 100% to 125% of your home's value.
  • No Cash Reserves
  • No Application Fee

Click Here to Start

Get a quick quote from the team at Nationwide. If you need to get cash out for paying off high interest loans and credit card debt, now is the time to consolidate your debt. We have helped countless homeowners realize their dreams with home improvements and debt consolidation. Click Here for a Free Quote

Mortgage Rates
More Information
Loan Approvals

For more information regarding home loan or second mortgage programs, interest rates, or loan applications online: Please click the Relevant Link Below.

Variable Rates Home Purchase Refinance or Second Mortgage
Fixed Rates Home Purchase Second Mortgage or Refinance
Interest Only Home Loan Home Equity or Refinance
Bad Credit Purchase Loan Refinance Loan or
Second Mortgage
Second Mortgage Purchase Money 2nd Debt Consolidation or Refinance
Home Improvement Purchase Money 2nd Refinance or Second Mortgage
Line of Credit Construction Loan 2nd Mortgage or
Home Equity Line
Home Equity Purchase Money 2nd Home Equity Loan or
Equity Line

Need A Lower Payment? Check out our 2nd Mortgage Band-Aid Loan
Get lower monthly payments & Cash Back! Click Here to Apply!

Loan Benefits

  • Lower Payments Save You Money
  • Cash Out for Debt Consolidation Home Improvements
  • Cash Out for Home Improvements
  • Flexible Equity Lines of Credit
  • Eliminate credit card debt with a Low interest Loan
  • Cash Out for Debt Consolidation Home Improvements
  • Cash Out for Home Improvements
  • Flexible Equity Lines of Credit
  • Competitive 2nd mortgage rates
  • No Mortgage Insurance Required

2nd Mortgages up to 100%: Fixed rates and fixed monthly payments.
Includes additional options for lower monthly payments or lower interest rates, and potential tax savings. This fixed rate second mortgage allows customers to know what the payment will be for the entire life of the mortgage.
---     Second Mortgage Loans up to $500,000
Click Here for a Fixed Rate Second Mortgage

Preferred Loan Type
Property Type
Property Value
Credit Rating


- Low Credit Scores Ok

Stated Income Loans

•  Low Credit Scores OK
•  Low Rate Refinance
•  Cash Back
•  Debt Consolidation

- 3 of 4 Approved
Home Equity loans

Apply online today!

- Lower your payments by consolidating your credit card debt into a fixed rate loan that will put more money in your pocket.

Click Here for Free Quote

- Second Mortgage Refinancing for First time Home Buyers, Cash Out & Loan Consolidation

Click Here for More Loan Info


Quote to Remember

"Most battles are won before they are ever fought." - George Patton , US Army general

 

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BD Nationwide Mortgage, 515 Encinitas Blvd. Ste 100, Encinitas, California 92024
Please be aware that this is not an advertisement for credit as defined by paragraph 226.24 of regulation Z. Nothing on this site contains an offer to make a specific home loan for any purpose with any specific terms. This is a web-site and no loans can be guaranteed as loans and rates are subject to change. Nationwide is affiliated with national lenders and a federally chartered bank located in Maryland licensed to offer home loans in all 50 states. Copyright 2001-2010 and Beyond, Nationwide Mortgage Loans - BDnationwidemortgage.com is a website and cannot make loans. All rights reserved.