--- title: Does FCTD Offer Hard Money Second Mortgages for Divorce Settlements? description: If you are considering a hard money second mortgage for a divorce settlement, you'll want to read this to know where you should be looking. image: https://www.fctd.com/hubfs/Does%20FCTD%20Offer%20Hard%20Money%20Second%20Mortgages%20for%20Divorce%20Settlements.jpg --- 1 min read # Does FCTD Offer Hard Money Second Mortgages for Divorce Settlements? [![Picture of Ted Spradlin](https://www.fctd.com/hubfs/Ted%20Spradlin-1.png) Ted Spradlin ](https://www.fctd.com/blog/author/ted-spradlin) : Sep 2, 2023 3:40:57 PM [Second Mortgages](https://www.fctd.com/blog/tag/second-mortgages) [Consumer Purpose Loans](https://www.fctd.com/blog/tag/consumer-purpose-loans) ![Does FCTD Offer Hard Money Second Mortgages for Divorce Settlements?](https://www.fctd.com/hubfs/Does%20FCTD%20Offer%20Hard%20Money%20Second%20Mortgages%20for%20Divorce%20Settlements.jpg) No, FCTD does not offer hard money second mortgages to satisfy divorce settlements. These are considered [consumer purpose loans, for personal and household use](https://www.fctd.com/blog/hard-money-business-purpose-consumer-purpose), which isn't something that FCTD specializes in.   Hard money loans are intended for real estate investors to use for short-term business purposes, like acquiring a fixer-upper or vacant building that doesn't qualify for bank or conventional financing. Fixer-uppers don't meet the physical condition required by banks and vacant commercial buildings, because they lack the cash flow required to service the debt on a bank loan.   A better route to financing — instead of a hard money second mortgage — would be through the following sources:  - **Banks ** - **Credit unions** - **First mortgage refinance** - **Repayment plan as part of the divorce settlement** - **Property sale ** - **Loan from a family member** The above solutions are going to lead you down a more appropriate path than a hard money second mortgage to settle a divorce. You'll find these options will be much better suited to meet the specific requirements of your particular situation.   [![](https://www.fctd.com/hubfs/Guide%20to%20Consumer%20Purpose%20Hard%20Money%20Second%20Mortgages%20Graphic.jpg) ](https://www.fctd.com/guide-to-consumer-purpose-hard-money-second-mortgages) - [Tweet](https://twitter.com/share) [![Do You Fund Hard Money Second Mortgages to Cure a Foreclosure on Owner-Occupied First Mortgages?](https://www.fctd.com/hubfs/Hard%20money%20second%20mortgage%20cure%20foreclosure%20on%20owner%20occupied%20first%20mortgage.jpg) ](https://www.fctd.com/blog/hard-money-second-mortgages-cure-foreclosure-owner-occupied-first-mortgage) #### [Do You Fund Hard Money Second Mortgages to Cure a Foreclosure on Owner-Occupied First Mortgages?](https://www.fctd.com/blog/hard-money-second-mortgages-cure-foreclosure-owner-occupied-first-mortgage) ![Picture of Ted Spradlin](https://www.fctd.com/hs-fs/hubfs/Ted%20Spradlin-1.png?width=30&name=Ted%20Spradlin-1.png) [Ted Spradlin](https://www.fctd.com/blog/author/ted-spradlin) : Sep 2, 2023 1:41:09 PM If you're seeking a hard money second mortgage to cure the foreclosure action on the owner-occupied first mortgage secured by your primary residence,... [Owner Occupied Loans](https://www.fctd.com/blog/tag/owner-occupied-loans) [Second Mortgages](https://www.fctd.com/blog/tag/second-mortgages) [Consumer Purpose Loans](https://www.fctd.com/blog/tag/consumer-purpose-loans) [Foreclosure Bailout](https://www.fctd.com/blog/tag/foreclosure-bailout) [Read More](https://www.fctd.com/blog/hard-money-second-mortgages-cure-foreclosure-owner-occupied-first-mortgage) [![Does FCTD Offer $20,000 Hard Money Second Mortgages?](https://www.fctd.com/hubfs/Does%20FCTD%20Offer%20$20%2c000%20Hard%20Money%20Second%20Mortgages.jpg) ](https://www.fctd.com/blog/does-fctd-offer-20000-hard-money-second-mortgages) #### [Does FCTD Offer $20,000 Hard Money Second Mortgages?](https://www.fctd.com/blog/does-fctd-offer-20000-hard-money-second-mortgages) ![Picture of Ted Spradlin](https://www.fctd.com/hs-fs/hubfs/Ted%20Spradlin-1.png?width=30&name=Ted%20Spradlin-1.png) [Ted Spradlin](https://www.fctd.com/blog/author/ted-spradlin) : Sep 2, 2023 2:54:31 PM FCTD has a minimum loan amount of $150,000 and will not consider a $20,000 hard money second mortgage. Smaller loans are often more time-consuming,... [Second Mortgages](https://www.fctd.com/blog/tag/second-mortgages) [Consumer Purpose Loans](https://www.fctd.com/blog/tag/consumer-purpose-loans) [Read More](https://www.fctd.com/blog/does-fctd-offer-20000-hard-money-second-mortgages) [![Does FCTD Provide Hard Money Second Mortgages For Home Improvements?](https://www.fctd.com/hubfs/Does%20FCTD%20Provide%20Hard%20Money%20Second%20Mortgages%20For%20Home%20Improvements.jpg) ](https://www.fctd.com/blog/hard-money-second-mortgages-for-home-improvements) #### [Does FCTD Provide Hard Money Second Mortgages For Home Improvements?](https://www.fctd.com/blog/hard-money-second-mortgages-for-home-improvements) ![Picture of Ted Spradlin](https://www.fctd.com/hs-fs/hubfs/Ted%20Spradlin-1.png?width=30&name=Ted%20Spradlin-1.png) [Ted Spradlin](https://www.fctd.com/blog/author/ted-spradlin) : Sep 2, 2023 2:40:37 PM First Capital Trust Deeds (FCTD) doesn't provide hard money second mortgages for home improvements, if the property being used as collateral is a... [Second Mortgages](https://www.fctd.com/blog/tag/second-mortgages) [Consumer Purpose Loans](https://www.fctd.com/blog/tag/consumer-purpose-loans) [Read More](https://www.fctd.com/blog/hard-money-second-mortgages-for-home-improvements) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Ted Spradlin", "url" : "https://www.fctd.com/blog/author/ted-spradlin" }, "dateModified" : "2023-09-11T20:16:39.812Z", "datePublished" : "2023-09-02T22:40:57.000Z", "headline" : "Does FCTD Offer Hard Money Second Mortgages for Divorce Settlements?", "image" : [ "https://www.fctd.com/hubfs/Does%20FCTD%20Offer%20Hard%20Money%20Second%20Mortgages%20for%20Divorce%20Settlements.jpg" ], "mainEntityOfPage" : { "@id" : "https://www.fctd.com/blog/hard-money-second-mortgages-divorce-settlements", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.fctd.com/hubfs/FCTD%20Logo.png" }, "name" : "First Capital Trust Deeds" } } ```