HomeSafe Second Mortgage

What is a HomeSafe Second?

What is a HomeSafe Second?

The HomeSafe Second is a fixed-rate second mortgage that allows you to tap a portion of your homes equity with no change to your existing first-lien mortgage and no additional monthly mortgage payment required. 

You can use the funds to:

  • Payoff higher interest rate credit cards.
  • Buy a second home
  • Cover rising costs at the pump, grocery store, utilities or taxes.
  • Fund long-term care, rising medical expenses or emergencies.
  • Pay for home improvements.
  • Fund a vacation.

Borrower minimum requirements:

  • Must be 55+
  • Must be current on your first mortgage.
  • Property must be your primary residence.
  • Minimum fico of 640
  • Must maintain the property and be up-to-date on property taxes, insurance, and any HOA fees.

Contact me today to learn more or for an assessment of your unique situation.

 

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