Second Mortgages
A great commercial loan program for borrowers who want to unlock equity while preserving their existing mortgage. These loans offer unrestricted cash out, and funding for a wide variety of property types. Hightlights of the commercial second mortgage program include:
- Second mortgage loan requests from $50,000 - $500,000
- Low cost, no points, legal or application fees
- Fast and flexible terms with no balloon payments and up to 90% CLTV
- No cash usage restrictions or post-close reporting
Unlock your equity with a commercial second mortgage loan whenver you want to grow your business by purchasing new equipment, improving property, or investing in new opportunities for your company.
Make Steelhead Capital a part of your commercial finance team. Submit your loan request above for quick review. We look forward to hearing from you!