Denver Area’s Best HELOC & Second Mortgage Options

Questions? Call (303) 220-0355, text, or email us

HELOCs & Second Mortgages

If you have a Low Interest Rate 1st Mortgage, a HELOC or 2nd Mortgage might be a great option!

5280lend has developed great, low rate solutions for Denver area 2nd Mortgages that will help you:

  • Consolidate debt (lower overall interest expense and monthly bills)

  • Pay for Home Improvements (necessary home improvements are the best way to protect your biggest asset)

  • Finance other investments (businesses, higher education, and other real estate (Bridge Loans) can all be smart investments to make)

  • Payoff Tax Liens, Medical Bills, or other Credit impairing obligations.

2nd Mortgage: this is just a loan that is secondary in lien position to your 1st mortgage (i.e. it is using the remaining equity in your home as collateral for the loan). 

Most of the time, a 2nd mortgage is a fixed rate loan wherein a lump sum of money is disbursed at the time of closing and no further disbursements are made.  These are perfect options for Denver area Debt Consolidations and other cases where the amount needed is known in the beginning. 

HELOCs are just a type of a 2nd mortgage

HELOCs (Home Equity Lines of Credit) are just like a credit card account that is using the equity in your home as collateral for the loan. 

More Questions? We can answer!

A lot of clients have some concerns about this type of a loan and believe that there is a greater risk of losing their home if they get this type of a loan.  Most of those concerns are caused by a lack of thorough understanding of these loan types.

We will make sure that you totally understand these options and feel like it is the right decision for you!

More Concerns? We will help!

Free Download: HELOC Questions & Answers
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Bridge Loans: Buy before you sell!

A bridge loan can help you:

  • Relieve the stress of timing transactions

  • Allow you the flexibility to move on YOUR schedule

  • Give you time + flexibility to do necessary repairs to your current home

How a Bridge Loan Works

A bridge loan provides the financial flexibility you need when buying a new home before selling your current one. It covers the gap between the purchase of your new home and the sale of your existing property.

Benefits of a Bridge Loan

Flexibility in Timing

Move at your own pace without the pressure of immediate sales.

Financial Relief

Manage the financial burden of owning two homes temporarily

Opportunity for Repairs

Make necessary repairs or upgrades to your current home to maximize its market value.