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Can i get a second mortgage through usda?

by jfarroh9427502 from Commack, New York. Jun 9th 2014 Reply


Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

Sorry, USDA loans are for purchase only, in first position.

Jun 9th 2014
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

No.. USDA is only for owner occupied, Purchase money first mortgages.. You cannot use USDA for a 2nd mortgage. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres 480-287-5714 WilliamAcres.com

Jun 9th 2014
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Why are you looking to do a 2nd mortgage? USDA allows for 100% financing, as well as closing costs. We are direct lenders offering superb customer service and great rates. You can reach me at 846-708-5513. Have a great day! Mike Lettre

Jun 9th 2014
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Correction. Phone number is 845-708-5513

Jun 9th 2014
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