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AKAL Mortgages HAS EXPERIENCE WORKING WITH ALL LOAN PRODUCTS!!!

What Are Second Mortgages Used For?

If you need to renovate your home, cover large unexpected expenses, consolidate your unsecured debt, take a vacation, make an investment, or borrow money for anything at all but do not want to touch your existing mortgage, then a 2nd mortgage may be perfect for you.

• Save Hundreds Each Month With a Secured Debt Consolidation
• High Ratio 2nd Mortgages to 100% With No Insurance Premiums!
• Your Credit and Pay Off Settlements, Judgments, and Collections!
• Equity Take-Out for Any Purpose all the way up to 100% LTV

What Types Of Second Mortgages Are Available?

Second mortgages can be a great borrowing product as they typically offer short terms (from 12 to 24 months), allowing you to keep your existing great-rate mortgage in place. For those with great credit, 2nd mortgages are often just as affordable as your first mortgage. For those with poor credit, our understanding lenders will help you get back on your feet so that when your 1st mortgage comes due for renewal, your credit will be repaired and you’ll be able to consolidate the two loans at a fantastic rate!

• Strong Credit Second Mortgages to 100% LTV starting as low as 11.99%
• Second Mortgages are also available for Self-Employed clients to 100%
• Open Second Mortgages are fantastic for short-term financing!
• If you are seeking flexible borrowing, Secured Lines of Credit may be for you

Many of our 2nd mortgage products are open mortgages, allowing you to repay these loans when you are ready without sale of the home