Second Mortgage Outlet provides home refinance and purchase mortgages for people seeking the negative amortization option ARM mortgages. We offer free rate quotes for borrowers with all types of credit who need mortgage financing. Our lenders offer loan quotes for refinance, debt consolidation and cash back. We suggest that you look at all your refinance options before taking on a new neg-am loan, because you are using your home as collateral. The interest rates do start out at 1.25%, but the unpaid interest is deferred an then added to your principal balance later. This is an aggressive loan that must be fully understood, before making any long term commitment. Negative amortization mortgages allow you to preserve your capital for improved cash flow.

•	Option ARM Mortgage Refinance
•	Jumbo Mortgages up to $1,000,000
•	1.25% Start Rate for Neg-Am
•	Interest Only Home Refinancing
•	Deferred Interest Loans

Negative amortization loans is the unique feature that option ARM mortgage have with deferring interest on the loans to keep the monthly payment as low as possible. The negative amortization feature is a popular home financing option for borrowers seeking a low payment solution. These option ARM’s have payment adjustment caps in addition to interest rate adjustment caps. This means that even though the loan's interest rate may increase, your payment will generally stay the same.

As housing prices have gotten out of control, the negative amortization purchase loans have became more popular because they offer homebuyers more purchase power with reduced monthly payments.

• Reduce you current mortgage payment and refinance with a 1.25% Start Rate!

• Enjoy the monthly payment flexibility for better cash flow each month!

A Negative Amortization Loan is one of the choices with the option ARM loan. It offers a more affordable payment with a lower minimum payment option than even the interest only option. If the "neg-am minimum payment" is only made each month, the additional interest that was not captured will be added back onto the principal balance of the loan.

Second Mortgage Lenders have come together for better 2nd mortgages so you can refinance your home equity line with a fixed rate. You can stop paying excessive private mortgage insurance (PMI). Available with an adjustable or fixed interest rate. Second Mortgage Loan amounts to $500,000. Poor Credit Refinance Mortgages A refinance loan that offers more choices for the borrower each month. Bad credit, late mortgage payments and past bankruptcies are allowed.

Get approved for a 2nd mortgage in just a few minutes and compare several loan options from All-Star Mortgage Lenders. Consolidate your credit card debt and enjoy the savings. 100% home equity loans for 1st -time home buyer! Do you need to buy furniture for your new home? Maybe you want to consolidate some credit cards or take out cash for education. Home equity credit lines offer access to money for home improvements and 2nd home construction.