Skip to content

Ohio Second Mortgage Lenders

Below is a list of 9 Lenders that offer second mortgage in Ohio. Interest Rates vary on a case-by-case basis but are typically offered from 6% to 15%. In addition, these lenders provide loans amounts from $75,000 and $50,000,000.

Top 10 Cities in Ohio for a Second Mortgage

Ohio, situated in the heart of the Midwest, offers a diverse range of cities with strong communities, affordable living, and stable real estate markets. Whether you're considering a second mortgage for home improvements, debt consolidation, or other financial goals, selecting the right city is paramount. Here are the top 10 cities in Ohio worth exploring for a second mortgage:

  1. Columbus:

    As the capital and largest city in Ohio, Columbus boasts a dynamic economy and a thriving real estate market. With a diverse range of neighborhoods and competitive mortgage rates, securing a second mortgage in Columbus can provide homeowners with ample opportunities.

  2. Cleveland:

    Known for its rich history and cultural attractions, Cleveland offers affordable housing options and a strong sense of community. Its revitalized downtown area and access to Lake Erie make it an appealing destination for homeowners seeking a second mortgage.

  3. Cincinnati:

    Situated along the Ohio River, Cincinnati offers a blend of historic charm and modern amenities. Its stable housing market and diverse economy make it an attractive destination for homeowners considering a second mortgage.

  4. Dayton:

    Home to the Wright Brothers and a hub for innovation, Dayton offers affordable living and a strong sense of community. Its stable housing market and proximity to major employment centers make it an appealing choice for homeowners seeking a second mortgage.

  5. Toledo:

    Located along the western shores of Lake Erie, Toledo offers affordable housing options and a low cost of living. Its diverse economy and access to outdoor recreational activities make it an attractive destination for homeowners looking to access their home equity.

  6. Akron:

    Known for its history of rubber manufacturing and innovation, Akron offers affordable housing options and a strong sense of community. Its stable housing market and proximity to major highways make it an appealing choice for homeowners considering a second mortgage.

  7. Youngstown:

    Situated in northeastern Ohio, Youngstown offers affordable housing options and a rich industrial history. Its stable housing market and proximity to outdoor recreational opportunities in the Mahoning Valley make it an attractive destination for homeowners seeking a second mortgage.

  8. Canton:

    Home to the Pro Football Hall of Fame, Canton offers affordable living and a strong sense of community. Its stable housing market and access to cultural attractions make it an appealing choice for homeowners looking to leverage their home equity.

  9. Parma:

    Located just outside of Cleveland, Parma offers suburban living with easy access to urban amenities. Its affordable housing market and strong community ties make it an attractive choice for homeowners seeking a second mortgage.

  10. Hamilton:

    Situated along the Great Miami River, Hamilton offers affordable housing options and a revitalized downtown area. Its stable housing market and proximity to outdoor recreational opportunities in southwestern Ohio make it a desirable location for homeowners considering a second mortgage.

Before pursuing a second mortgage in any city in Ohio, it's essential to consult with a reputable lender and carefully assess your financial situation. Additionally, consider the current real estate market conditions and explore all available loan options to make an informed decision. With the right approach and thorough research, homeowners in Ohio can unlock the potential of their home equity and achieve their financial goals.