A second mortgage is a loan, very much like a first mortgage, secured by your home. There are many types of second mortgages - at Equity Direct Mortgage Corporation we offer a wide variety of both first and second mortgages. We specialize in lending to people with all types of credit (A thru D) or who have special needs. A typical second mortgage that we offer would be based upon the equity in your home rather than any critical evaluation of your credit ratings. To us, if you have equity in your home then you have good credit - period.

Your loan proceeds from the second mortgage can be used for any purpose and the interest in many cases is tax deductible*. You can borrow up to 100% of the value of your home (or more) and start receiving the benefits immediately! Call one of our loan professionals today for a free, no-obligation analysis of your unique situation.

Lines of Credit

The equity in your home can qualify you for a line of credit equal to 100% of the value of your home. As with the 125% loan you can use your funding for any purpose and the interest might quite possibly be tax deductible*.

The line of credit is based on the equity in your home.It works very much like other forms of revolving credit but with a few unique advantages. The amount of credit available to you is based upon the remaining equity (determined at the time of the origination of your loan) and can go up and down as you use or pay down the loan. Unlike some other forms of revolving credit you can have the advantage of tax deductibility*, lower monthly payments and the funds can be used anywhere at any time.

Decide what you want to do and call Equity direct today or use one of our online application forms like the "Rapid Response" tool or even "live chat".

* You should consult a tax professional to determine specific tax savings