Second Mortgage
Your home can help you achieve your dreams.
Use the equity in your home to help finance other important purchases.
As a homeowner, you can borrow against the equity in your home using our fixed rate second mortgage.
Consolidate higher-interest debt or pay big expenses like college tuition, home remodeling or even a second/vacation home—it’s up to you. And a second mortgage is not a refinance, so your original mortgage rate isn’t impacted.
Six things to know about our fixed rate second mortgage:
- Select a 20-year or 30-year term.
- Loan amounts range from $50,000 - $400,000, based on your home’s equity and subject to credit approval.
- First mortgage can be held by any financial institution.
- Available for single-unit primary residences, condominiums and Planned Unit Developments (PUDs).
- Primary property can be up to 10 acres. Other restrictions may apply.
- First mortgage needs to be in place at least six months prior to application
