Cash-Out Second Mortgages in Palmdale
Keep Your First Loan in Place.
Tap the equity in your Palmdale primary residence or investment property for a business or investment purpose, without refinancing your existing first mortgage, subject to our underwriting.
By submitting you agree to be contacted by phone, text, or email about your inquiry. Consent is not a condition of obtaining a loan. See our Privacy Policy.
Cash-Out Second Mortgages in Palmdale
What to Know About Palmdale
Palmdale is the southern half of the Antelope Valley, pressed up against the San Gabriel Mountains and the San Andreas Fault. Housing here is mostly built from the 1980s forward, from master-planned west side communities like Rancho Vista and Anaverde to older, flatter tracts in East Palmdale.
West Palmdale owners in Rancho Vista and Anaverde, and investors holding rentals in East Palmdale, are the people we tend to hear from. Many have a first loan at a rate they won’t refinance away. We put a second behind it for a business or investment purpose and leave the first exactly as it is.
How It Works
Cash-Out 2nd Mortgage Terms
Rates, points and fees depend on the property and the deal and are disclosed in writing before you commit.
Where We Lend
Palmdale Neighborhoods
We lend throughout Palmdale and the rest of Los Angeles County, including these areas.
Straight Answers
Cash-Out Second Mortgages in Palmdale: Questions
Can I use equity in my Rancho Vista home for my business?
Yes. A business-purpose second can sit behind your current first mortgage on a primary residence, leaving that loan in place.
Do you lend in Palmdale?
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Palmdale, rather than routing them through an out-of-state call center.
Can I borrow against my primary residence?
Yes, when the loan is for a business or investment purpose. That’s what sets us apart from many private lenders who won’t lend on an owner-occupied home. A signed business-purpose statement is required at closing, and the proceeds can’t be used for personal or household expenses.
More in Palmdale
Cash-Out Second Mortgages Elsewhere in Los Angeles County
Have Equity in Your Palmdale Property?
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Palmdale and Los Angeles County, California
Michael Daniel Investments, Inc.
417 Arden Ave, Suite 121A, Glendale, CA 91203 · (818) 937-9987
California Department of Real Estate DRE# 02037255 and NMLS# 233991.