Alabama Second Mortgage Lenders

Below is a list of 8 Lenders that offer second mortgage in Alabama. Interest Rates vary on a case-by-case basis but are typically offered from 6% to 10%. In addition, these lenders provide loans amounts from $150,000 and $75,000,000.

Cressida Capital

Los Angeles,

California

Loan amounts $250,000 to $2,500,000

Terms 3 months, 1 year, 20 year, 30 Years

Interest Rates 6%

Origination Points 1

Loan Type Bridge Loan, Commercial Loan, Construction Loan, Hard Money Loan, SBA Loan, Second Mortgage

Property Type Assisted Living, Automotive, Commercial, Gas Station, Hotel, Industrial, Land Entitled, Medical Office, Mixed use, Mobile Home Park, Multi Family, Office, Restaurant, Retail, Self-Storage, SFR, Student Housing, Warehouse

Archway Capital

Los Angeles,

Loan amounts $2,000,000 to $40,000,000

Terms 2 years, 3 years, 5 years

Interest Rates 7.5% - 10%

Loan Type Bridge Loan, Hard Money Loan, Second Mortgage

Property Type 2-4 Units, Industrial, Medical Facility, Mixed use, Mobile Home Park, Multi Family, Office, Retail, SFR, Student Housing

NMLS ID 10620

License Number #01794434

Layla Capital

Boca Raton,

Loan amounts $1,000,000 to $10,000,000

Terms 2 years, 3 years

Interest Rates 8%

Origination Points 1 - 2%

Loan Type Bridge Loan, Hard Money Loan, Rehab Loan, Second Mortgage

Property Type 2-4 Units, Industrial, Mixed use, Multi Family, Office, Retail, Self-Storage, SFR

Revere Capital

Dallas,

Loan amounts $3,000,000 to $50,000,000

Terms 3 years

Interest Rates 9%

Loan Type Bridge Loan, Hard Money Loan, Second Mortgage

Property Type Condo, Hotel, Industrial, Land Entitled, Land Non-Entitled, Mobile Home Park, Multi Family, Office, Retail, Self-Storage, Special-Use

BridgeCore Capital

Beverly Hills,

Loan amounts $500,000 to $30,000,000

Terms 1.5 years

Interest Rates 8% - 9%

Origination Points 1 - 1%

Loan Type Bridge Loan, Hard Money Loan, Second Mortgage

Property Type 2-4 Units, Hotel, Land Entitled, Medical Facility, Office, Retail, SFR, Special-Use

Ready Capital

New York,

Loan amounts $3,000,000 to $75,000,000

Terms 5 years, 7 years, 10 years

Origination Points 1

Loan Type Bridge Loan, Commercial Loan, Construction Loan, SBA Loan, Second Mortgage

Property Type 2-4 Units, Gas Station, Hotel, Industrial, Land Entitled, Mixed use, Multi Family, Office, Retail, Self-Storage, SFR, Special-Use, Student Housing

Allied Commercial Funding Corp.

Agoura Hills,

Loan amounts $150,000 to $50,000,000

Terms 2 years

Loan Type Bridge Loan, Commercial Loan, Rehab Loan, Second Mortgage

Property Type Automotive, Car Wash, Church, Condo, Gas Station, Hotel, Industrial, Land Entitled, Mixed use, Multi Family, Office, Place of Worship, Retail, Shopping Center, Strip Center

Brookview Financial

Hamden,

Loan amounts $1,000,000 to $50,000,000

Terms 1 year, 2 years, 5 years

Loan Type Bridge Loan, Rehab Loan, Second Mortgage

Property Type 2-4 Units, Hotel, Mixed use, Office, Retail, SFR