Second Lien/HELOC
Our 2nd Lien Bridge Loan and Home Equity Line of Credit products give clients the ultimate flexibility to access capital tied up in their personal home or investment properties. With no annual maintenance fees or prepayment penalty it’s an excellent resource to grow your business.
2ND LIEN/HELOC
- Funding Amount: up to $5M
- FICO Score: 640+
- Rates: low 6s
- Funding Time: as little as 5 days
- Term Length: 6 months - 30 years
WHAT YOU NEED TO KNOW
The 2nd Lien loans are based on the equity in the property. These loans are for business owners who own real estate and want to utilize the equity to grow their business. You can also utilize this loan in 1st or 3rd lien position giving you even more options to access capital. You only pay interest on the funds you use for the HELOC and the Bridge loan is an interest only payment. Applying for a 2nd Lien loan is simple, just fill out our easy online application and one of our loan consultants will be in touch.
Uses
- Working Capital
- Purchase Properties
- Leasehold Improvements
- Acquisitions