Unlock Your Rental Property's Equity with 2nd Mortgage Program
If you want to efficiently access equity from your rental property without refinancing, our 2nd Mortgage Rental Program is the perfect solution. This program allows you to secure a second-position loan while keeping your primary mortgage intact, providing the flexibility to fund new investments or property upgrades. Tailored to enhance your rental portfolio, it offers a streamlined way to unlock additional capital and drive growth.
2nd Mortgage Rental Loan*
- Fixed Rate Closed End Second Mortgages up to 85% CLTV
- Rates Starting at 8.375%*
- $30K-$500K Loan Amounts
- Non-Owner Occupied, 1-4 Single-Family Homes, Condos, Townhomes, PUD Properties
- 680+ Credit Score
- 1.1x Minimum DSCR
- Pre-Payment Penalty
- Leased and Unleased Qualifications
*Rates, terms and conditions offered apply only to qualified borrowers in accordance with our guidelines at the time of application, property factors and geography and are subject to change at any time without notice. This is a non-binding expression of interest and does not create any legally binding commitment or obligation on the part of Temple View Capital Funding, LP or its affiliates and are subject to our credit, legal and investment approval process. Rates and terms are as of 12/19/2024.
What is a 2nd Mortgage Rental Loan?
A 2nd Mortgage Rental Loan allows property owners to take out an additional loan secured by the equity in their rental property, while still keeping their existing primary mortgage. This type of financing enables owners to access funds for new investments, property improvements, or other financial needs without refinancing their primary loan. Temple View's Second Mortgage Rental Loan offers a flexible and efficient way to leverage the value of a rental property, providing real estate investors with the capital they need to fuel growth, enhance properties, and maximize the potential of their rental portfolios—all while keeping their primary mortgage intact.
Advantages of Our 2nd Mortgage Loans
Our programs are tailored to your project, experience and unique requirements. Apply now for a quick assessment.
- Fixed Rate, Fully Amortizing Loans
- Drive-By Appraisal Qualifications
- 20, 25, and 30 Year Amortization
- Exterior Only Appraisal Qualifications
- 45 Day Rental Loan Lock Guarantee
- Nationwide Lending
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2nd Mortgage Rental Loans
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Rehab Loans
Customized Rehab Loans Tailored To Your Needs
Rental Loans
Long Term and Short Term Financing For Your Rental Properties
Ground Up Loans
New Construction Loans For Experienced Investors
Bridge Loans
Stabilized Bridge Loans To Meet Your Transitional Financing Needs
2nd Mortgage Rental Loans
Keep Your Primary Mortgage, Add a Second-Position Loan