Alabama Second Mortgage Lenders

Below is a list of 7 Lenders that offer second mortgage in Alabama. Interest Rates vary on a case-by-case basis but are typically offered from 7.5% to 14%. In addition, these lenders provide loans amounts from $200,000 and $75,000,000.

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

Carlyle Capital

Irvine,

Loan amounts $200,000 to $50,000,000

Terms 2 years, 3 years, 5 years, 20 year

Interest Rates 8% - 14%

Origination Points 2 - 5%

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

Property Type 2-4 Units, Land Entitled, Multi Family, SFR

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

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