Second Mortgage
Access your equity while keeping your existing low rate
A second mortgage lets you tap into your property's equity for cash — without touching your current first mortgage or losing the low rate you locked in. Instead of refinancing your entire loan, you add a second lien and keep your original terms intact. Closes in as little as 5 days.
Who This Is For
Homeowners with a low-rate first mortgage who need cash without giving it up
Investors looking to leverage equity in a primary or investment property
Commercial property owners who need liquidity without refinancing their entire loan
Borrowers who want a fast close — funding in as few as 5 business days
Requirements
How Sofla Helps
Our AI qualification engine handles the heavy lifting so you can focus on closing.
AI qualification estimates available equity and combined LTV based on self-reported property value and balances
Identifies whether a second mortgage or cash-out refinance is the better option for each borrower
Fast-tracks documentation for a 5-day close with a streamlined checklist
Connects borrowers to lenders with second mortgage programs for all property types
Get Qualified for Second Mortgage
A few questions. A real score. The exact document list for your loan type.
Start Qualification