Consider consolidating your debts into a second mortgage. We offer Bank Statement second mortgages for you self-employed borrowers available as a “stand-alone” second or a “piggyback” second for purchase (CLTV) transactions. HELOCs, too!
If you are seeking a cash-out refinance to consolidate high-interest revolving debt to stop accruing compounding interest debt, month after month.
Second mortgages that are Non-QM present numerous benefits including increased loan amounts, potentially reduced interest rates in comparison to unsecured debts such as credit cards, and flexible payment options that allow for either lower monthly payments or quicker repayment of the principal balance.
These options afford borrowers the flexibility to opt for lower monthly payments or expedited principal repayment, enhancing their financial management strategies.
We provide access to low-interest loans and extended repayment terms of up to 30 years, facilitating manageable interest payments and flexibility in debt management. These mortgages can serve various purposes, including consolidating debts, funding home improvements, covering medical bills, or addressing significant life events, offering homeowners a versatile financial tool.