Closed-End Second Mortgage
Unlock Your Home's Potential, Without Touching Your Current Rate
When you need cash, don’t settle for the high interest rates of personal loans or credit cards. Instead, unlock affordable financing with a closed-end second mortgage. Qualify easily using your bank statements, 1099 income, or investment assets—no tax returns or pay stubs required.
MBANC’s
97% Pull-Through Rate: Confidence You Can Count On
What does a 97% pull-through rate mean for you? It means when we say you’re pre-approved, we truly mean it. Our pre-approvals aren’t just empty promises based on automated forms; they’re backed by thorough, expert evaluations of your information.
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We respect your time, your realtor’s efforts, and the importance of your property deal. With Mbanc, you can confidently move forward knowing that our pre-approved borrowers successfully reach full underwriting approval.
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Ready to experience the difference? Apply today and let Mbanc show you what true commitment looks like.
Try Our 2-Minute QuickQual
Keep your favorable existing mortgage interest rate
In contrast to a cash-out refinance, you won’t alter your existing mortgage. Mbanc’s Closed-End Second Mortgage lets you tap into up to 80% of your home’s equity without disturbing your interest rate.
- Easily qualify with personal or business bank statements—no tax returns or pay stubs needed
- Borrow up to $500,000 with competitive fixed-rate options (10-30 years)
- Independent contractors can qualify using 1099 income
- Minimal requirements—just a 680+ credit score and debt-to-income ratio up to 50%
- Flexible eligibility: primary residences, vacation homes, and investment properties included
- Eligible properties: single-family homes, condos, and multi-unit properties (2-4 units)
Working with Mayer, Daniel, and the entire Mbanc team was outstanding! Their responsiveness, efficiency, and genuine care made the mortgage process smooth and stress-free. I couldn’t be happier in my new home, and I highly recommend Mbanc to anyone looking for a dedicated and trustworthy team.
Bradley S.
How the process works
You’ve achieved equity - now it's time to enjoy the benefits
Talk to Us
Get a quick call with one of our mortgage experts to explore your best options.
See If You Qualify
Use your bank statements or 1099 income—no W-2s or tax returns required.
Apply with Ease
Our team walks you through every step. Most people get their funds in just 2–3 weeks.
Get Expert Advice
Not sure if this is the right move? We’ll help you think it through based on your goals.
Your current mortgage got you to where you are now. Protect it.
One of the primary concerns for homeowners contemplating leveraging their real estate equity is the fear of losing their existing low-interest rate. Fortunately, a closed-end second mortgage provides a viable solution.
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Unlike refinancing or opening a home equity line of credit (HELOC), a closed-end second mortgage does not interfere with the original mortgage terms. It allows homeowners to maintain their current low-interest rate while accessing the equity they’ve built in their home.
Mortgage Solutions Tailored for all Investors
Mortgage Approval Made Simple
At Mbanc, our mortgage programs are specially crafted to match your unique financial situation. Our expert team provides premier service designed specifically for entrepreneurs, investors, and business owners.
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Turn investment properties into steady streams of wealth and income.
Closed-End Second Mortgage
Ready to Get Started?
Speak with an Mbanc Loan Expert today and get personalized guidance for your mortgage needs.
Frequently Asked Questions
Contact us for a complimentary quote on our competitive rates to discover your potential qualification amount.
What is a Closed-End Second Mortgage?
A closed-end second mortgage allows homeowners to leverage their real estate equity by receiving a lump sum payment without affecting their existing low interest rate.
How does a Closed-End Second Mortgage differ from a HELOC?Â
A closed-end second mortgage does not change the terms of the original mortgage, and is a onetime equity draw, allowing homeowners to keep their existing low interest rate and leverage proceeds from their equity.

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Will my original mortgage terms be affected if I take out a Closed-End second mortgage?Â
No, one of the benefits of a closed-end second mortgage is that it doesn’t interfere with the original mortgage terms.Â
What are the rates for Closed-End Second?Â
Your specific mortgage rate is influenced by a range of elements: income evaluation method, equity status, credit score, loan term, income, and debt. Reach out to us for a complimentary quote on our competitive rates for self-employed mortgages and discover your potential qualification amount.Â
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