100% Second Mortgage

Compare nearly one hundred home equity loan options with our 100% 2nd mortgage products for cash out, debt refinancing, house repairs and more. The 100% second mortgage program has become one of the most popular high LTV and subordinate lien programs in years. BD Nationwide will help you decide which 2nd mortgage meets your needs the most, a home equity loan or line of credit.

How Much Do You Want to Borrow?


See Lenders for Terms and Conditions

People continue to see the value in getting cash out with virtually to equity when approved for an equity loan to 100%. Getting a 2nd mortgage with zero equity has not always been a simple task. Ten or fifteen years ago it was a lot easier to find lenders that were offering HELOCs and second mortgages with no equity required. Times of changes, but BD Nationwide can help you shop for 2nd mortgage lenders that do not require as much equity as traditional lenders and banks are looking for.

Compare Over 100 Second Mortgage, Home Equity Loans and HELOCs Online with High LTV Financing and Low Rates!

second mortgage

Our lending partners offer premium 100% mortgages with fixed rates and no equity needed. The pricing for 100% LTV mortgage products remains attractive. Find out how appealing these high LTV loans and 100% LTV mortgage programs with no fees and no obligation.

Find Second Mortgage to 100% LTV

Whether you need to refinance adjustable rate credit card debt, take cash out for financing home improvements, or refinance a variable rate credit line, we offer 100% loans with competitive interest rates for people with all types of credit profiles. Did you know that rates on 2nd mortgages recently dipped to all-time record lows?

Get more insight on the pros and cons of fixed rate and variable rate second mortgage loans up to 100% combined loan to value. First Time homebuyers and new homeowners are invited to apply as well!

Credit Rating: Good or Excellent.

Key qualifiers: residual income, credit score, and full documentation. Fair credit accepted in some cases with strong compensating factors that the underwriter signs off on. Take a few moments and verify the current second mortgage rates.

As the rates rise on 2nd mortgages, people like the flexibility of taking a second loan out and accessing cash up to the appraised value of your home. The 100% 2nd mortgage and refinance products offer low competitive rates, and with the Fed on a rate hiking rampage, it may be a good idea to lock into a 100% fixed interest rate amortization schedule.

  • 100 Percent Mortgage Options for a Fixed Rate
  • 90-100% Loans and Line of Credit with a Variable Rate
  • 100% Stated Income Mortgage (on hold)
  • 100% Stated Value Second Mortgage (on hold)
  • Consider an 80-20 loan combination with No PMI
  • Bad Credit Equity Line of Credit (on hold for 100%)

Do I need to pay mortgage insurance when taking out a 100% second mortgage?

No mortgage insurance or PMI is ever required with our second mortgages. Whether you are borrowing 125 or 100%, 2nd mortgage lenders will not require you to add mortgage insurance. Find out what 100% LTV Mortgage options are available to you with your credit and income credentials. Ask about no money down loans and see if the 1st 2nd combination makes sense for you at this time.

Compare Over 100 Home Equity Loans Online with No Equity Required for Qualified Applicants!

• Fixed Rate Low Monthly Payments
• No Equity with Home Loans to 100%
• 100% Loan to Value 2nd Mortgages
• Cash Out for Debt Consolidation
• Save Thousands of Dollars a Year
• Refinance Loans for All Types of Credit
• Consolidate all of your Bills into One Low Monthly Payment.
• Combine 1st & 2nd Mortgage together
• No Income Verification (on hold)
• 1st time Homebuyer Programs

There are plenty of different reasons to consider getting a second mortgage or refinance. In some cases, you can lower your monthly payments, take advantage of lower interest rates, get better loan terms, and more. Another reason to think about a 2nd mortgage is that in certain cases you can actually get cash back from the refinance itself. This is known as a “cash out refinance” and is something you might want to consider if you need extra money as well as a new loan.

Essentially, second mortgage loan or cash back is nothing more than a subordinate lien. Whereas a refinance is for an amount larger than the current total you owe on your current mortgage. For instance, you may currently owe $150,000 on your mortgage, but refinance with a $200,000 loan. This gives you an extra $50,000 in your bank account that you can use however you like – renovations, remodeling, paying off credit card debt, or something else entirely. With a 2nd mortgage you would keep the $150k 1st lien while taking out a new 2nd mortgage for $50,000. Sometimes people that have an incredibly low interest rate on their 1st lien will opt for a second mortgage so they can hold on to that low rate.

More Popular Second Mortgage Loans to Consider:

Please view the popular 2nd mortgage products below. If you need more information, Please select the loan that interests you most. To get more details click the relevant link below to get more information and helpful advice.

125% Second Mortgage90% 2nd Mortgages2nd Mortgage Rates
80% Prime Rate Loans105% 2nd Mortgages115% CLTV

*2nd mortgage loans are subject to submitting an application to licensed lenders. The essential conditions for approvals are underwriting qualifications such as: verification of income, employment, assets and other information like obtaining an acceptable property.


Should I Finance a Second Home for Investment Purposes with a Fixed or Adjustable Rate Mortgage?

If you do not have the cash to put down on a second home but have equity in your primary residence or other property you could utilize it in purchasing your investment property through a home equity loan or 2nd mortgage, and refinancing your current mortgage. Twenty-eight percent of investors with an investment property mortgage used their primary residences to procure down payment funds and you may be able to do the same. If you have not taken advantage of the lower mortgage rates since you purchased your primary residence, subordinate mortgage financing is something you should consider immediately while the rates are still low even if you are not looking at an investment.

See Loan Options from Top Lenders

Home Equity
Cash Out
Home Purchase
Free Quotes


*Freddie Mac and Fannie Mae now approve a subordination for a second mortgage if the lender provides consent. Previously, lenders were hesitant about allowing a 100% home equity loan to subordinate to a new loan during a refinance transaction, making this development beneficial for homeowners facing challenges with underwater loans.

**2nd mortgage loans are subject to submitting an application to licensed lenders. The essential conditions for approvals are underwriting qualifications such as: verification of income, employment, assets and other information like obtaining an acceptable property.