Closed-End Seconds
Newfi Wholesale has Second Mortgage home equity solutions for your borrowers looking to consolidate debt or access cash.
Glacier Bank Statement Second Mortgage
- Qualify using 12- or 24-Month Bank Statements
- Loan Amounts from $150k-$500k
- 80% Maximum CLTV/HCLTV
- 680 Minimum Credit Score
- Up To 45% DTI
- 10, 15, 20, & 30 Year Fixed
- Available on Primary Residences
Olympic Second Mortgage
- Available on Primary, Secondary, and Investment Properties
- Loan Amounts from $75k-$500k
- 85% Maximum CLTV/HCLTV
- 10, 15, 20, & 30 Year Fixed
- 660 Minimum Credit Score
- Up To 50% DTI
- Not Available in MA, MN, MS, NY & SD
EquityChoice Shared Appreciation Second Mortgage
- Full Doc Loan
- For Primary Residences >= 2 Years (SFR & PUD)
- Loan Amounts from $85-500k
- 16% Max LTV on EquityChoice Max CLTV of 65%
- 680 Minimum Credit Score
- Up To 45% DTI
- Must Have 1st Lien
- Available in Select States