If you have at least 10% equity in your home, you may qualify for a 90% second mortgage. BD Nationwide provides a conduit to sources offering reduced rate fixed second mortgages and prime home equity lines up to 90% LTV combined loan to value.
Do you have more than 10% home equity today? If so you may qualify for a great 90% second mortgage with a low monthly payment.
Shop and Compare 90% Second Mortgage Loans
Take advantage of these hard to find exclusive home equity products that offer expanded guidelines and competitive interest rates.
Refinancing equity loans, credit lines and credit card debt into a 90% LTV mortgage is a unique opportunity that can save you thousands of dollars a year.
Credit Rating: Poor, Fair Good or Excellent
Key Qualifiers: Property Value, Credit Score
Income Documentation: Full Doc or No stated Income
• 90% Second Mortgage Loan – Fixed Rate
• 90% Home Equity Line of Credit – Variable Rate
• 90% Stated Income Second Mortgage
• 90% LTV Mortgage with Stated Value (On Hold)
Key Steps of the Second Mortgage Process
• Loan Disclosures
• Appraisal – Home value up to 90% established by an avm. or Licensed Appraiser
• Underwriting Approval
• Document Signing with Notary
• Loan Funding- Escrow disperses funds, and you receive the cash.
Other 2nd Mortgages 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 Mortgage | 95% 2nd Liens | 100% Second Mortgages |
90% | 105% 2nd Mortgages | 115% CLTV |
*2nd mortgage approvals are subject to submitting an application to an approved mortgage banker or credit union. The essential conditions for approvals are underwriting qualifications such as: verification of income, employment, assets and other information like obtaining an acceptable property. |