does anyone do 2nd mortgage loans for debt consolidation by robert morris2 from Taylorsville, Kentucky. Jun 6th 2012
Try a local bank in Spencer County first. Secondary market for 2nd mortgages is not a good option now. Bedford Bank in Lagrange Ky may be able to help.
There are lenders out there doing them, but mostly credit unions and a few big banks.. It's best to use someone local, and I would certainly try the credit union before the big bank.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
I would check a local bank first. If you have issues give me a call. We have lenders that do seconds but it depends on the amount you are looking for and I would have to check for your area. 201-962-3555 All the best, Michelle
A local credit union or community bank will do them on the best terms if you meet their usually strict/conservative guidelines. If you need a more aggressive loan program (you need more money) and are less rate sensitive, then a local mortgage broker might have a program that's suitable for you.
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