2nd Mortgages

A popular and money-wise way to finance big purchases.

Whether it is home improvements or a new automobile, you can use the equity in your home as collateral. A mortgage requires you to pledge your home as the lender’s security for repayment of the loan. The benefit of this loan is that the interest paid is tax-deductible.

We have some of the lowest rates available for second mortgages. In addition, to a low rate, we offer other advantages as well:

• No Points

• No application fees

• No originating fees

• No processing fees.

• Loans up to $100,000.00

• Use the money for any purpose

• Deduct any interest in most cases

By providing the following information, the process of applying for the loan until closing usually can be completed in about three weeks.

• Completed loan application form

• Most recent payroll stub

• Copy of first mortgage deed

• Homeowners Insurance Policy

• Appraisal (within 6 months)

If you are ready to take this important step, why not start out right with a visit with us. We will help you cut through the maze of “mortgage talk” so you can make the best possible purchasing decisions.

We will take the time to talk with you. We will answer all the questions you have and discuss all options available to you.

Please consult your tax advisor to see if this right for you.