Fixed Mortgages

Fixed Rate Second Mortgage

A fixed rate second mortgage is another loan taken against a property that is already mortgaged. This is a closed end loan where you can borrow against the equity of the home up to $150,000.

Fixed Rate Second Mortgage* - Borrow against the equity of your home.

  • Closed end second mortgage
  • Owner occupied primary residence or second home
  • Maximum loan amount is $150,000
  • Minimum loan amount is $25,000
  • Payment terms up to 20 years**
  • Lender credit towards closing costs
  • No origination fee
  • No application fee
  • Closed end loan, not a revolving credit line