AVM's for Second Mortgages

Nationwide Mortgage Loans offers free AVM's for a limited time for borrowers seeking 125% second mortgages with qualified credit scores. AVM stands for "Automated Value Module." This is a very popular 2nd mortgage program for 1st time homebuyers seeking cash out.

Most borrowers like AVM's because it speeds up the loan process because no formal appraisal is required. AVM's consider comparable sales in the neighborhood just like the URAR appraisals do.

Get a quick quote from our experienced loan officers, who specialize in automated second mortgage loans.

If you are considering utilizing the equity in your home, we suggest taking a moment out to get a free assessment from the 2nd mortgage experts at Nationwide.



What is your home equity worth?

As interest rates for first mortgages begin to rise, now may be the time to get a 2nd mortgage to pay off your adjustable rate equity line of credit or simply to consolidate any high rate credit card debt into a simple interest loan with a fixed rate.

Second Mortgage Program - AVM

2nd Loan Purpose

Debt Consolidation Home Improvement Cash Out

Primary Residence, Owner Occupied
Full Documentation and No Income Documentation

Single Family Residence 1-4 unit Condo unlimited stories

Credit Score

Maximum Loan
Amount

CLTV
DTI

(720+)

$150,000

125%
50%

$250,000

100%
50%
$300,000
90%
45%
(680-719)
$150,000
125%
50%
$200,000
100%
45%
$300,000
80%
45%

 

Preferred Loan Type
Property Type
Property Value
Credit Rating


Resource Tools

ARM vs. Fixed Rate Calculator
How does a fixed rate 1st or 2nd mortgage compare to an adjustable rate mortgage or home equity line of credit?


Find the best loan in your state


Call for Free Loan Consultation
1-877-212-9478

More Exclusive Second Mortgage Loan Programs:
No Income Verification | Fixed Rate Refinance | Second Mortgage Specials | Modular Home Second Mortgage | Second Mortgage Foreclosure | Simple Interest Second Mortgages | State Guide Second Mortgages | Home Loan for Bad Credit
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.