Unlock Your Home Equity Today!
- Competitive Fixed Interest Rate
- No Appraisals Required in Most Scenarios
- No Impact to Your Current Mortgage
“Newfi was excellent! They walked me through everything and made everything so much easier. They were very responsive. Answered any questions I had very quickly. I have already recommended this company to a buddy. Would definitely use again if needed!”
Dustin S.Salem, AL
How Second Mortgages Can Benefit You
A second mortgage lets you tap into your home’s equity while keeping your current mortgage intact. It’s a smart way to financial goals all without losing your low first-mortgage rate.
- Avoid refinancing your first mortgage at a higher rate
- Access a large sum of money at lower interest rates than personal loans and credit cards
- Use your home’s value for major expenses like unexpected medical bills, tuition payments, or pay down high-interest debts
Two Smart Ways to Tap Cash From Your Home's Value
Full Doc Second Mortgages
Offers homeowners with traditional W-2 income a way to access their home’s equity with a fixed rate and set loan term. This program is ideal for borrowers who qualify using W-2s, paystubs or those with a second home or investment property.
- Loan Terms: 10, 15, 20, & 30- year fixed rate
- DTI: Up to 50% based on credit score
- Loan Amounts: $75,000-$500,000
- Eligible Properties: Primary residences, second homes, & investment properties
- Minimum Credit Score: 660
- Impact on Existing Mortgage: None
Bank Statement Second Mortgages
Designed for self-employed homeowners, business owners, or those with seasonal income. This mortgage option allows you to access the equity in your primary residence using 12 or 24 months of personal or business bank statements.
- Loan Terms: 10, 15, 20, & 30- year fixed rate
- DTI: Up to 45% based on credit score
- Loan Amounts: $150,000-$500,000
- Eligible Properties: Primary residences only
- Minimum Credit Score: 680
- Impact on Existing Mortgage: None
Not Available In All States
How It Works
Connect With Our Team
Call or fill out a form to get matched with an experienced loan advisor to talk through your situation.
See What You Can Qualify For
Based on your situation you’ll see how much you can qualify for and get a rate quote.
Access Your Funds
As soon as you’re ready, we’ll start the loan process and quickly allow you to access cash for your needs.
Meet Some of Our Senior Loan Advisors
At Newfi, we’re a lender who cares. It’s not just about closing loans but helping you feel confident every step of the way. When you get started, you will be matched with a dedicated team of experienced loan advisors who take the time to understand your financial goals. Theres no pressure or pushy sales, just real people focused on finding the right mortgage solution for you.
Connect With Our Team
This is only an estimate and not a commitment to lend. Rate displayed is not locked and is subject to change. On adjustable-rate loans, interest rates are subject to potential increases over the life of the loan, once the initial fixed-rate period expires. Rates, loan products & fees subject to change without notice. Your rate and term may vary. If you do not lock in a rate when you apply, your rate at closing may differ from the rate in effect when you applied. Subject to underwriting approval. Not all applicants will be approved, Full documentation & property insurance required. Loan secured by a lien against your property. Consolidating or refinancing debts may increase the time and/or the finance charges/total loan amount needed to repay your debt. Terms, conditions, & restrictions apply. Call Newfi for details at 888-316=33934. Nexera Holding, LLC dba Newfi Lending, 2100 Powell Street Suite 730, Emeryville, CA 94608 | NMLS 1231327 | Copyright 2025 | All Rights Reserved | Equal Housing Lender | Licensed by the Department of financial protection and innovation under the California Finance Lenders Law, License No. 60DBO43045. https://www.nmlsconsumeraccess.org. Licensed by the Department of financial protection and innovation under the California Residential Mortgage Licensing Act under license number 41DBO-71410 | Information presented is intended for mortgage professionals only. Visit www.newfi.com for full licensing information.
