PRIME Closed-End Second Mortgage

What is a Closed-End Second (CES) Mortgage?
A closed-end second mortgage loan (CES) is a second mortgage that allows homeowners to tap into the equity of their home and use the money to pay for major repairs, debt consolidation, or other critical costs.


  • $250K max loan amount
  • Min. FICO 680
  • Max CLTV 85%
  • five, ten, fifteen, and twenty year terms
  • Self-employed borrowers OK
  • Borrower receives funds at closing