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A second (2nd) Mortgage is a loan that allows the homeowner who has accumulated equity
in his/her house to convert that equity to cash by borrowing against it. It is called a second
mortgage because it is taken out by the homeowner after the initial mortgage loan to purchase
their home. It is filed and recorded on a date later than the original mortgage note - hence
second position.
We work hard to provide the Orange County region, as well as all of
California, with the best home equity loans possible. We hold ourselves to a high standard,
and are proud to be able to pass on that quality to our customers.
We have gathered together information to help you understand the Home Equity Loan,
Second Mortgage process, and provided it below.
A Home Equity Loan and Line-of-Credit are other terms for a second mortgage.
This Home Equity Loan
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By getting a second mortgage debt consolidation home loan with us, you get not only a great loan that helps you, but also a long list of helpful ways to avoid getting into financial trouble again.
As a matter of fact we have found that many homeowners with bad credit are not even aware that a number of bad-credit derogatory items, showing a late payment history, can be removed legally and quickly. They may also not be aware that past bad credit still showing on their credit reports as active instead of showing correctly as paid.
Regardless of your credit score, your income, your job, your past due payment history, your collections, your judgments or even if you have filed bankruptcy in the past, or are currently in bankruptcy, you owe it to yourself to call us.
Who knows, you could actually get a great loan that not only helps you right now, but far into the future.
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