You requested information on getting a second mortgage for business purpose on a primary home.
 
To assist you better, please answer the following questions
 
Full Name:
Email:
Phone:
Please answer the following questions
 
Are you a broker calling on behalf of client?
What is the address of your property?
What do you think the property will appraise for?
What is your existing loan balance on your 1st?
Have your payments been made on time for the last year?
If you already have an existing 2nd mortgage what is the balance?
If you already have an existing 2nd, Government guidelines require you prove proceeds received from the previous 2nd were deposited into a business bank account. Can you prove this?
If you are looking for a new 2nd mortgage what is the dollar amount you would like to borrow?
What business purpose will you be using the proceeds for?
On a primary residence the government regulations require you use the proceeds for a business purpose. Please be specific when you describe what the business purpose is.
In your own words please provide any other details you feel would be pertinent.