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.

 

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.

 

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.

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

1.

Talk to Us

Get a quick call with one of our mortgage experts to explore your best options.

2.

See If You Qualify

Use your bank statements or 1099 income—no W-2s or tax returns required.

3.

Apply with Ease

Our team walks you through every step. Most people get their funds in just 2–3 weeks.

4.

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.

 

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.

Bank Statement

Qualify using your actual bank deposits—no tax returns required.

Asset Utilization

Use your liquid assets (instead of the usual tax returns) to apply.

Rental Income DSCR

Turn investment properties into steady streams of wealth and income.

1099 Jumbo

Entreprenuers can now make large property purchases.

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.

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.


Call for more Information!

No, one of the benefits of a closed-end second mortgage is that it doesn’t interfere with the original mortgage terms. 

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. 
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