What Is a Subprime Second Mortgage?

Qualifying for a subprime mortgage can difficult with today’s tighter loan guidelines. BD Nationwide can introduce you to credible sources offering bad credit 2nd mortgage loansnon-conforming mortgages and bad credit house loans. Are you looking to obtain cash with a private money mortgage for bill consolidation and debt refinancing, regardless of bad credit scores?

Consider the market conditions, and then let us help you get qualified for a low rate equity loan. Consider the hard money equity loans if your credit score has dropped below 500. High LTV second mortgages have quite a buzz with homeowners that don’t have any equity in their home. B.D. Nationwide can help you locate non-prime lenders that offer a full range of subprime mortgages and equity loan programs for today’s non-prime credit scenarios.

BD Nationwide can help you uncover several sub-prime second mortgage solutions to help you in your quest to save more money. If you are wondering where you can find an equity loan for bad fair credit, then you have landed on the right website. Our team will help you find a broker or lender to consolidate credit card debt and finance other home construction projects. Find out how much our clients are saving each month year by refinancing the adjustable rate loans with into a fixed simple interest second mortgage for significant monthly savings.

Find out if consolidating loans and revolving credit card debts will save you money now and over time. Take advantage of low rate fixed non-prime mortgage options that have helped thousands of borrowers with less than perfect credit save money and find the security of a fixed rate loan.

Subprime Second Mortgage Highlights:
• Programs with Fixed Mortgage Rates
• Affordable Credit Lines
• Debt Refinancing with Lower Costs
• Variable Rate Home Equity Line of Credit (HELOC)
• Options with No Out-of-Pocket Costs
• Startup Business Funding through Cash Out
• Settlement of Chapter 7, 11, 13 Bankruptcies
• Lowest Principal and Interest Payments

FHA Home Mortgages present 30-year fixed interest rate terms. FHA allows 96.5% for rate and term refinancing or 85% for refinancing with cash out or debt consolidation. Many American borrowers have faced financial challenges due to the increasing rates on their adjustable mortgages. Unfortunately, residents in regions with declining property values, such as California, Florida, New Jersey, and New York, often don’t qualify for conventional refinancing due to tightened guidelines.

FHA Provides High Loan-to-Value (LTV) Refinancing

Although the FHA Secure program has been discontinued, the announcement of the Emergency Homeowner Loan has generated excitement among distressed homeowners. Explore options like FHA Streamline Refinance and FHA refinance for potential solutions.