Fixed Rate Second Mortgages

Our fixed rate second mortgage financing can be a great choice for home upgrades, debt consolidation or other borrowing needs.

  • The rate is lower for a collateralized loan than an unsecured loan
  • In many cases, interest paid on second mortgages is tax-deductible*
  • Your owner-occupied residence serves as the collateral on the loan
  • There are minimal closing costs, which can often be paid for with the proceeds from the loan

 

* Please consult your tax advisor or the IRS to confirm the tax deductibility of interest paid on any mortgage-secured loan.


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