Second Mortgage for Foreclosure Prevention

Our refinance and 2nd loans can prevent foreclosure if borrowers act fast with refinancing options to avoid payment defaults. In many cases, government loans or hard money second mortgages can also prevent foreclosure if homeowners refinance prior to being forced out of their home. We are a mortgage lender that offers foreclosure prevention with a short sale mortgage, refinancing and hard money home equity loans for debt consolidation and cash out to avoid losing your home. Sometimes a refinancing can save you from a foreclosure. Foreclosures go into effect when a homeowner does not make his or her mortgage payment for an extended period.

Can I take out a second mortgage to get my first mortgage caught up and prevent a foreclosure?	Save your home with a second mortgage from Nationwide!
Taking out a 2nd mortgage may be an option to get your 1st mortgage caught up, but you need to have enough equity in your home for this to be a consideration. In most cases you will need to be less than 70% combined loan to value to qualify for a 2nd mortgage if you have a reported 120 day mortgage late on your credit report.

Usually a lender will begin the foreclosure process after the borrower has missed 3 months in a row of mortgage payments. Second mortgages can help prevent a foreclosure in some cases. If you are late on your mortgage payments, and you need cash to get caught up, then consider a second mortgage loan so you can stop the foreclosure proceedings.

Preferred Loan Type Select ---------------> Mortgage Refinance Cash Out Refinance Home Equity New Home Purchase Property Type Select One-----------> Single-Family Detached Condominium Cooperative Multi-Family Dwelling Modular Mobile Home Manufactured Home Property Value Select One-----------> 1st Time Buyer 75,000 - 80,000 80,000 - 85,000 85,000 - 90,000 90,000 - 95,000 95,000 - 100,000 100,000 - 105,000 105,000 - 110,000 110,000 - 115,000 115,000 - 120,000 120,000 - 125,000 125,000 - 130,000 130,000 - 135,000 135,000 - 140,000 140,000 - 145,000 145,000 - 150,000 150,000 - 155,000 155,000 - 160,000 160,000 - 165,000 165,000 - 170,000 170,000 - 175,000 175,000 - 180,000 180,000 - 185,000 185,000 - 190,000 190,000 - 195,000 195,000 - 200,000 200,000 - 205,000 205,000 - 210,000 210,000 - 215,000 215,000 - 220,000 220,000 - 225,000 225,000 - 230,000 230,000 - 235,000 235,000 - 240,000 240,000 - 245,000 245,000 - 250,000 250,000 - 255,000 255,000 - 260,000 260,000 - 265,000 265,000 - 270,000 270,000 - 275,000 275,000 - 280,000 280,000 - 285,000 285,000 - 290,000 290,000 - 295,000 295,000 - 300,000 300,000 - 305,000 305,000 - 310,000 310,000 - 315,000 315,000 - 320,000 320,000 - 325,000 325,000 - 330,000 330,000 - 335,000 335,000 - 340,000 340,000 - 345,000 345,000 - 350,000 350,000 - 355,000 355,000 - 360,000 360,000 - 365,000 365,000 - 370,000 370,000 - 375,000 375,000 - 380,000 380,000 - 385,000 385,000 - 390,000 390,000 - 395,000 395,000 - 400,000 400,000 - 405,000 405,000 - 410,000 410,000 - 415,000 415,000 - 420,000 420,000 - 425,000 425,000 - 430,000 430,000 - 435,000 435,000 - 440,000 440,000 - 445,000 445,000 - 450,000 450,000 - 455,000 455,000 - 460,000 460,000 - 465,000 465,000 - 470,000 470,000 - 475,000 475,000 - 480,000 480,000 - 485,000 485,000 - 490,000 490,000 - 495,000 495,000 - 500,000 500,000 - 505,000 505,000 - 510,000 510,000 - 515,000 515,000 - 520,000 520,000 - 525,000 525,000 - 530,000 530,000 - 535,000 535,000 - 540,000 540,000 - 545,000 545,000 - 550,000 550,000 - 555,000 555,000 - 560,000 560,000 - 565,000 565,000 - 570,000 570,000 - 575,000 575,000 - 580,000 580,000 - 585,000 585,000 - 590,000 590,000 - 595,000 595,000 - 600,000 600,000 - 605,000 605,000 - 610,000 610,000 - 615,000 615,000 - 620,000 620,000 - 625,000 625,000 - 630,000 630,000 - 635,000 635,000 - 640,000 640,000 - 645,000 645,000 - 650,000 650,000 - 655,000 655,000 - 660,000 660,000 - 665,000 665,000 - 670,000 670,000 - 675,000 675,000 - 680,000 680,000 - 685,000 685,000 - 690,000 690,000 - 695,000 695,000 - 700,000 700,000 - 705,000 705,000 - 710,000 710,000 - 715,000 715,000 - 720,000 720,000 - 725,000 725,000 - 730,000 730,000 - 735,000 735,000 - 740,000 740,000 - 745,000 745,000 - 750,000 750,000 - 755,000 755,000 - 760,000 760,000 - 765,000 765,000 - 770,000 770,000 - 775,000 775,000 - 780,000 780,000 - 785,000 785,000 - 790,000 790,000 - 795,000 795,000 - 800,000 Over 800,000 Credit Rating Select ---------------> Excellent Good Fair Poor

Nationwide Mortgage Loans provides wholesale second mortgage solutions to help homeowners get cash, finance home improvements and consolidate their bills to lower interest and save money. Find out how much our clients are saving each month year by getting the lowest possible interest rates with our wholesale loan programs.

Fixed Rate Refinance Option with FHA
FHA Home Mortgages offer low rate 30-year fixed rate loans for borrowers who have been late on their mortgage after their payment adjusted. FHA home loans that are offered up to 97% rate and term or 95% for refinancing terms with cash out. (credit scores are not a factor, but mortgage history is critical). The FHA Secure loan was released specifically to assist foreclosure prevention. 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 opportunity to refinance into an affordable fixed rate mortgage.	FHA home loans offer low fixed mortgage rates
Also see options for FHA Streamline Refinance, FHA Home Loans and FHA Secure Refinancing.

Nationwide Mortgage Loans provides 2nd mortgage solutions to help you consolidate all of your bills into 1streamlined payment. Homeowners are shortening the pay-off terms by paying additional principal each month. Find out how much our clients are saving each month year by refinancing the revolving interest of their credit cards into a fixed simple interest second mortgage for significant monthly savings.

Second Mortgage Foreclosure • Fixed Rate Second Mortgages • Bad Credit 2nd Mortgages • Refinance Past Due Mortgages • 1st and 2nd Mortgage Consolidation • Refinance Credit Card Debts • Pay off Collections • Avoid Foreclosure • Past Bankruptcy OK Consolidate high rate loans and credit card debt now!

Additional 2nd Mortgage Loans to Consider:

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.

Pre-Payment Penalty | 2nd Mortgage Terms | No Documentation Mortgage | Affordable Second Mortgage | Low Closing Cost Loans | Second Mortgage Refinancing | 90% | 100%  Mortgage | Second Mortgage Loan Update for 125%

*2nd mortgage and equity loan approvals are subject to application submission to BD Nationwide Mortgage. The standard conditions for approvals are underwriting qualifications such as: verification of income, employment, assets and other information like obtaining an acceptable property.