Closed End Second Program
Our Closed End Second Program allows your borrowers to access the equity in their home without affecting the interest rate on their primary mortgages.
Closed End Second
- Maximum loan amount $500,000
- Maximum CLTV of 90%
- Minimum credit score 680
- Standard and alternative income documentation (12 & 24 months)
- Occupancy – primary residence, second home & investment
- Simultaneous & stand-alone transactions
Giving More Borrowers More Financing Solutions
Do your borrowers need money to help cover the cost of home repairs, tuition, or other expenses? If they have built up equity in their homes, they may qualify for a closed end second lien mortgage.
Our Programs
Backed by proven processes and common-sense underwriting, our non-agency programs break through the barriers that keep creditworthy borrowers from getting the financing they need.