Category: Second Mortgage

0% Down Purchase Mortgage with Down Payment Assistance Now Available!

Posted on May 17, 2024 by Anthony Bird - First Time Home Buyer, Second Mortgage, Zero Down Loans

Available today May 17th, 2024 we are excited to announce our new 0% Down Purchase Mortgage! This program is available to first time homebuyers with no income limits! Repeat buyers are also eligible if they meet income limits for their area. With this Down Payment Assistance Program (DPA), the borrower will get a conventional mortgage… Read more »

Top 10 Uses for a Home Equity Line of Credit

Posted on August 31, 2022 by Anthony Bird - Investment, Local Michigan, Mortgage Rates, Mortgage Tips, Refinance, Second Mortgage

Many homeowners are using their home’s equity to secure a home equity line of credit. A HELOC is typically a second mortgage with interest only payments and low rates compared to credit cards or unsecured debts. Don’t miss out on these top 10 uses for HELOCs. 1. A HELOC can help you consolidate your debt… Read more »

Second Home Loan Rates Skyrocketing in 2022

Posted on January 18, 2022 by Anthony Bird - Buying a Home, Local Michigan, Mortgage Rates, Second Mortgage, Vacation Homes

Fannie Mae has announce that they will be raising rates on second home loan for all purchases after April 1st, 2022

Reasons to Get a Second Mortgage

Posted on October 9, 2017 by - Mortgage Tips, Second Mortgage

If you have a major financial need looming over you that you’re just not sure how you’ll afford, you may want to consider taking out a second mortgage. Keep in mind, there are some pros and cons that come along with doing that, so let’s look at the options and you can decide whether this… Read more »