Cash-Out Second Mortgages in Poway
Keep Your First Loan in Place.
Tap the equity in your Poway 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 Poway
What to Know About Poway
Poway calls itself “The City in the Country.” It is known for large lots, horse properties and riding trails, with Lake Poway and open space around the city. Parts of Poway are in high fire hazard areas.
Poway homes on large lots often carry substantial equity, and many owners have a first mortgage they want to keep. A private second accesses that equity for a business purpose on a primary residence, or from investment property, without a refinance.
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
Poway Neighborhoods
We lend throughout Poway and the rest of San Diego County, including these areas.
Straight Answers
Cash-Out Second Mortgages in Poway: Questions
Can I borrow against my Poway horse property?
Yes. We look at the full property and its equity, and your first loan stays in place.
Do you lend in Poway?
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite San Diego County deals directly, including Poway, 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 Poway
Cash-Out Second Mortgages Elsewhere in San Diego County
Have Equity in Your Poway Property?
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Poway and San Diego 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.