Specialized Mortgage Program
A fixed-rate second mortgage option for homeowners seeking cash-out refinancing with full documentation requirements.
Underwriting at a glance
- Minimum FICO
- 800+
- Max LTV (purchase / rate-term)
- 75%
- Max LTV (cash-out)
- 75%
- Loan amount
- $100,000 - $182,000
- Documentation
- full-doc
- States
- NJ, FL, MD
Highlights
- •Fixed rate second mortgage option
- •Full documentation required
- •No appraisal required for qualified applicants
- •360-month loan term available
- •Up to 75% CLTV on investment properties
- •No appraisal required for qualified borrowers
- •Flexible buydown options available
Want to see if you qualify?
Tell us about your scenario - we'll come back with current pricing and exact guidelines.
Program guidelines and rates can change at any time without notice. Last confirmed 8/31/2026. Not a commitment to lend.
Today's mortgage rates
Conventional
6.250%
6.288% APR
FHA
5.750%
5.780% APR
VA
5.750%
5.780% APR
Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.