Second Mortgage with Low Costs

Nationwide offers reduced cost 2nd mortgages with fixed and adjustable rate home equity loans and lines of credit for refinancing or debt consolidation. Often times second mortgage costs are more than 1st mortgage costs because the risk factor is greater for loans in second position. We offer low and no cost second mortgage loans for qualified borrowers.

In the past lenders have reported that second mortgages have had higher default ratios than home mortgage is in first position, so it is common for lenders like to charge more fees up front. Nationwide offers no point loans and no "out of pocket" fee second mortgages. Most borrowers prefer to roll the fees into the loan.

No Cost Second Mortgage
Save Money with Reduced Fee Second Mortgage Loans from Nationwide

Standard Second Mortgage Costs (common on "good Faith Estimate")

•  Appraisal
•  Title Insurance

•  Processing
•  Underwriting

•  Recording
•  Origination

•  Credit
•  Notary


Key Disclosures to Analyze & Understand the Costs of a Second Mortgage
:

  • Good Faith Estimate
  • Federal Truth in Lending Statement (Reg. Z)
  • Estimated HUD-1
  • Final HUD-1

Preferred Loan Type
Property Type
Property Value
Credit Rating

Related Second Mortgage Pages:
Appraisals | Appraisals | Process | Pre-Payment Penalty | Terms | No Documentation Mortgage | Affordable Second Mortgage | Low Closing Cost Mortgage | Second Mortgage Specials | Fast & Easy Second Mortgages | Second Mortgage Refinancing | 80% | 90% | 95% | 100% | 105% Mortgage | 115% | 125% | Bill Consolidation | Fixed Rate Second Mortgages | Popular 2nd Mortgage | No Income Verification | Fixed Rate Refinance | 30 Year Fixed Rate Second Mortgage | Interest Only Second Mortgage with Fixed Rate
Apply Now | Disclosures and Terms | Rate Assumptions | Home Equity & Mortgage Handbooks | About Us | 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 2001-2010 and Beyond, Nationwide Mortgage Loans - BDnationwidemortgage.com is a website and cannot make loans. All rights reserved.