No Equity Mortgages

Typically for most mortgage lenders, equity is essential for qualifying for a home equity or second mortgage loan. B.D. Nationwide offers no equity second mortgages for qualifying borrowers seeking cash-out for debt consolidation or home improvement financing. Fixed rate second mortgage loans up to 125% combined loan to value. No equity in your home is required! First Time home-buyers OK! If you need some cash consider one of our equity mortgage loan programs today. Today the most popular negative equity loan is under the HARP 2.0 program. People who have a lien owned by Fannie Mae or Freddie Mac may be in a position to refinance an underwater mortgage because there is no loan to value evaluated per HARP 2.0 guidelines.

Credit Rating: Good/Fair or Excellent.
Key qualifiers: residual income, credit score, and full documentation.

Consider Our No Equity Mortgage Loans with a Fixed Interest Rate


125 Second Mortgage: Consolidating Debt with a Simple Interest Loan

As many of you already know, consumer debt is at an all-time high, and if you have credit card bills mounting each month it may be time to consider a 125% second mortgage. This 2nd loan, requires no equity, and the loans can even exceed the value of your home. Jason Pizzinat, an experienced loan officer says,"125 loans have saved my clients money, and in some cases have helped them avoid bankruptcy."

 

No Equity Mortgage

  • Fixed Interest Rate Refinancing
  • No Equity Needed!
  • Loans to 125% of home value
  • Cash Out for Credit Card Consolidation
  • Save Thousands of Dollars a Year
  • 2nd Loans for All Types of Credit
  • Consolidate all of your Bills into One Low monthly Payment.
  • Combine 1st & 2nd Mortgage together

With the Federal Government mandating lenders to provide lower payments on no equity refinancing, now is the best time to reconsider the payments on negative equity loans.

 

More Second Mortgage Types:
No Income No Assets | Purchase Money | Stand Alone | Balloon | Fixed Rate Second Mortgage | Wholesale | Refinancing 2nd Mortgage | Simple Interest 2nd Mortgages | Light Documentation | 1 Pay-Stub | Secure Liens | Bill Consolidation | 125% Second Mortgages | No Ratio | Stated Income Verified Assets | Cash Out Loan | 2nd Mortgage Types - Index | Home Loan for Bad Credit | High LTV Home Equity Loans No Cost Mortgage Refinance | HARP Refinance
Apply Now | Disclosures and Terms | About Nationwide | Testimonials
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 2001-2012 and Beyond, Nationwide Mortgage Loans - BDnationwidemortgage.com is a website and cannot make loans.
All rights reserved.