Best Second Mortgage Companies
Bank of Internet
PO BOX 919008, SAN DIEGO, CA 92191-9872
Services Offered: Second Mortgage, Home Mortgage, Auto Loan, Refinance, Home Equity Loan, and Debt Consolidation.
Company Overview: Bank of Internet began in 1999 and is located in San Francisco, CA. They provide flexible internet banking options for consumers in need of banking and lending institution. Bank of Internet is able to save overhead by operating strictly online from their headquarters, thereby passing savings on to their lending customers.
Our Review: Bank of Internet is a great resource for a second mortgage. They have plenty of loan options for all kinds of customers, and they are very willing to work WITH you in your second mortgage endeavor. The customer service is great, the website is extremely functional, and you really can’t ask for better service.
User Review: Getting a second mortgage can be tricky, but Bank of Internet made it so much easier for me. They offered me so many different options that I almost couldn’t choose. The service I got was great, and I loved working with this company.
20555 Victor Parkway Livonia, MI 48152
Services Offered: Second Mortgage, Home Mortgage, Mortgage Refinance, Home Equity Loan
Company Overview: Quicken began in the 1980Ãs as a mortgage lender. In the past 20 years, they have grown to have more than 4,000 employees, and offer over 150 loan programs to consumers. They have a customer satisfaction rating of 94%. In 2006, they closed over $18 billion in loans.
Our Review: For a second mortgage, Quicken definitely deserves a chance. They have great programs and amazing customer service. it doesnÃt seem like you can go wrong with this company. they have so much to offer their customers, and they do it so well.
User Review: When I needed a second mortgage, I went to Quicken Loans. My son worked with them to get his first mortgage, so I was certain that I could get the loan that I needed, along with the same great service he got from them that he loved so much. I never expected to find an online lender that was so perfect for my needs, but IÃm truly glad that I did.
Wells Fargo Financial
800 Walnut Des Moines, IA 50309
Services Offered: Second Mortgage, Home Mortgage, Home Equity, Personal Loans
Company Overview: Wells Fargo Financial is a division of Wells Fargo and Company. They were founded over 100 years ago, and have over 21,000 employees. They also have approximately $67 in assets and almost 2,000 offices throughout the US, Canada, and Latin America.
Our Review: With a solid foundation and financial history, this is one company you canâ€™t go wrong with. They offer great loan programs for consumers, along with top rate customer service and an amazingly simple, yet functional web site.
User Review: Wells Fargo Financial gave me the best rates on a second mortgage of any company I looked at. They were so helpful, I couldnâ€™t imagine taking out a loan from anyone else.
Other Top Companies for Second Mortgage :
Address : 4500 Park Granada Calabasas, CA 91302
Phone : 818-225-3000
Wells Fargo Home Mortgage
Address : PO Box 10335 Des Moines, IA 50306
Phone : 877-937-9357
Address : 270 Park Ave. New York, NY 10017
Phone : 866-829-6530
Address : 888 E. Walnut Street Pasadena, CA 91101
Phone : 888-329-3114
How To Select The Best Company For Second Mortgage
Getting a second mortgage is not going to be nearly as confusing or intimidating as getting your first mortgage. The process will be much simpler, mostly due to the fact that you’ve already been through the experience of getting a mortgage before. To find a second mortgage company, you have a few different options to choose from. For starters, you can use the company that provided your first mortgage, so long as you are eligible for another loan and you were happy with the service you received. Whether you liked the company that serviced your first mortgage or not, you can always consult a mortgage broker or search the internet to see if you can find a better company or perhaps just a better loan program for your second mortgage. If you are looking for a second mortgage, you already know that your interest rate will depend fully on your credit score and credit history. However, what you might not know is that getting a second mortgage will also depend on whether you are selling your first home or simply refinancing it, or even if you’re keeping your first home and buying a brand new one. Most people who get a second mortgage do so after they have paid off their home. They take out a second mortgage on their home so that they can use the equity in the home to fund whatever financial needs they may have. Many companies offer great programs for second mortgages, and choosing the right one for you will probably be more of a matter of personal choice than anything else. All you need to do is compare the loan programs, the companies in question, and the mortgages that you are offered. Getting a second mortgage doesn’t have to be difficult and it shouldn’t be, as long as you are informed and prepared for the process.