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A second mortgage is a lending arrangement where you leverage the equity in your home as collateral to secure an additional loan. This loan can be employed for a variety of purposes, providing homeowners with financial flexibility.  

Loan Purpose: Second mortgages can be utilized for a wide range of purposes, including home improvements, consolidating existing debts, covering education expenses, or any other financial need you deem fit. 

Debt-to-Income Ratio (DTI):  Second mortgage programs often accommodate borrowers with a debt-to-income ratio (DTI) of up to 50%. This allows individuals with moderate debt levels to access this form of financing. 

Second mortgages can typically be applied to various property types, including: 

  • Owner-Occupied Homes 

  • Second Homes 

  • Investment Properties 

  • Foreign National-Owned Properties 

In essence, a second mortgage offers homeowners a means to tap into the equity they've built in their homes, enabling them to pursue a range of financial goals while using their property as collateral for the loan. This financing option provides a valuable resource for those looking to access funds for various needs.

Second Mortgage

A solution to secure additional funding with existing equity.

Loan Amounts

Up to $500k


Up to 50%


Up to 85%

Loan Term

30-year fixed terms available

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