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A loan secured by property that has lower lien priority than another loan.
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A loan secured by property that has lower lien priority than another loan.
Use related guides, calculators, and magazine features to see how this concept affects real home-equity decisions.
A DSCR cash-out refinance can release a large amount of equity, but it also rewrites the first-lien financing on the property.
Read guide →How DSCR second mortgages can provide additional investor capital while leaving an existing first lien in place.
Read feature →A fixed, lump-sum approach to accessing investment-property equity without necessarily replacing the first mortgage.
Read feature →