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Closed-End Second Mortgage Solutions

Closed-End Second Mortgages (CES) provide the option to tap into the equity of your home to access cash without it affecting the rate on your original loan.
Plus, it gives you the ability to borrow a lump sum all at once for whatever you need.

 

Why Closed End Seconds Make Sense:
  • Get cash out without refinancing your existing loan
  • Seconds do not require Mortgage Insurance
  • Rates on Seconds are often better than lines of credit
  • Lower the down payment on a home purchase when paired with a first lien*
  • Pay for a large purchase such as: home improvements, home renovations, college expenses or medical bills.
  • Fixed Term rates available
  • Purchase, Rate/Term Refinance, and Cash-Out Refinance available (Max $750k)
  • Investment properties eligible
* Eligible only in conjunction with 30-year Fixed Rate First Mortgages.
Program Highlights
  • Credit Scores Down to 660
  • Loan Amounts to $750,000
  • Max CLTV 85%
  • Terms: 10, 20, 30 year fixed terms
  • Up to 50% DTI
  • AVMs available for loans ≤ $250,000
  • Properties with a solar lien are often eligible
  • Non-Warrantable Condos Eligible
To learn more please contact Dan Cassel direct at 866-310-1112 or email danc@dansrealestateloans.com

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Licensing

Loan Officer NMLS #347918 CA DRE # 01146347

Trinity Mortgage NMLS #281763 CA BRE 01855258

nmlsconsumeraccess.org

Equal Housing Lender

Contact Us

Dan Cassel - Trinity Mortgage
11622 El Camino Real
San Diego, CA 92130

Number:
(866) 310-1112

Hours:
MON-FRI 7AM - 4PM