Cash-Out Second Mortgages in Yorba Linda
Keep Your First Loan in Place.
Tap the equity in your Yorba Linda primary residence or investment property for a business or investment purpose, without refinancing your existing first mortgage, subject to our underwriting.
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Cash-Out Second Mortgages in Yorba Linda
What to Know About Yorba Linda
Yorba Linda, birthplace of Richard Nixon, is known for larger lots, a citywide network of riding trails and hillside neighborhoods in the east end. Parts of the city border open space and are mapped as high fire hazard areas.
Yorba Linda homes on larger lots often carry significant 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, while the first loan stays 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
Yorba Linda Neighborhoods
We lend throughout Yorba Linda and the rest of Orange County, including these areas.
Straight Answers
Cash-Out Second Mortgages in Yorba Linda: Questions
Can I borrow against my Yorba Linda horse property?
Yes. We look at the full property and its equity, and the first mortgage stays in place.
Do you lend in Yorba Linda?
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Orange County deals directly, including Yorba Linda, 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 Yorba Linda
Cash-Out Second Mortgages Elsewhere in Orange County
Have Equity in Your Yorba Linda Property?
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Yorba Linda and Orange 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.