Second Mortgages - Second Mortgages California - California Second Mortgages - California Refinance Mortgages from California Refinance Mortgages.com
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Second Mortgages

Second mortgages are any California mortgage recorded (date and time recorded with county recorders office) after a first mortgage loan. Second mortgages may have been obtained at the same time (concurrently) with the first mortgage which is called a piggy-back loan. The majority of second mortgages are obtained after the first mortgage and are used for a debt consolidation, home improvements, cash-out etc.

Second mortgages are a higher risk for mortgage lenders and generally have a slightly higher mortgage rate that a first mortgage. The higher risk / higher mortgage rate is because a second mortgage lender must pay-off the first mortgage before they can collect on their second mortgage during the default or foreclosure process.

Second mortgages are slightly more difficult to obtain due to the risk noted above and depend much more on your credit scores and credit history.

Second Mortgage Loan Programs

Second mortgages are available under various types of mortgage loan terms. Following are the most common types of second mortgage loan programs:

5, 10, 15, 20 and 25 year second mortgage terms
Fixed rate second mortgages
Adjustable rate mortgages
Second home equity line of credit loans (HELOC) - this is usually an adjustable rate mortgage, with interest-only initially with a draw period.

How can We Help You with your Second Mortgage Refinance Needs?

California Refinance Mortgages can Assist you with any Type of Refinance Mortgages:

▲ Top of Second Mortgages | ► Apply for Second Mortgage Refinance

What Do You Want To Do Next ?

► Apply for a Refinance Mortgage
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► Get a Closing Costs Estimate
► Request a Phone Consultation
► Email Your Refinance Question
► Prequalify for Refinance Mortgage
► Get Mortgage Refinance Analysis
► Download Loan Application (PDF)

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If you are not 100% satisfied with your refinance mortgage, you may cancel at anytime up to 3 days after signing your final refinance mortgage loan documents without costs or penalty!

Best Price Mortgage Refinance We will beat any mortgage lenders price or pay you $350. (complete details)

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We do not charge any up-front mortgage refinance application fee's.

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Best Price Details
A customer must provide a complete, system generated Good Faith Estimate, listing a specific lender's name, that is dated the same day as the rate quoted by us. If such Good Faith Estimate indicates an equivalent or lower interest rate and closing costs package, for the same loan program that is offered by us and we have verified the accuracy of the rate and fees listed then we will have the option of beating that lender's total loan costs by $100 or paying the customer $500 ($750 for properties located in California) when they close with that lender and provide us with a copy of the signed Note and Final HUD-1 Settlement Statement.