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First Capital Trust Deeds Blog

Current updates on the real estate market, private money, hard money, and trust deed investing.
Hard money second mortgage cure foreclosure on owner occupied first mortgage

4 min read

Do You Fund Hard Money Second Mortgages to Cure a Foreclosure on Owner-Occupied First Mortgages?

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, First Capital Trust Deeds (FCTD) CANNOT do this loan. FCTD doesn't originate consumer purpose hard...

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Five Common Problems with Hard Money Second Mortgages

2 min read

Five Common Problems with Hard Money Second Mortgages

When you're in the world of real estate financing, navigating all the options can be a maze. Among the many choices, hard money second mortgages have...

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What Happens When a Hard Money Second Mortgage Lender Forecloses?

2 min read

What Happens When a Hard Money Second Mortgage Lender Forecloses?

When a hard money second mortgage lender forecloses their position, one of two things happens. If the property sells at auction on the courthouse...

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Hard Money Second Mortgages - Pricing, Closing Costs, Terms, and Interest Rates - 2023

2 min read

Hard Money Second Mortgages - Pricing, Closing Costs, Terms, and Interest Rates — 2023

If you’re trying to estimate the costs for a hard money second mortgage, we've got you covered with this blog post on pricing, closing costs, terms...

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What is a Business Purpose Hard Money Second Mortgage?

2 min read

What is a Business Purpose Hard Money Second Mortgage?

A business purpose hard money second mortgage is a type of loan issued by nonbank private lenders, including individual trust deed investors, family...

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Can You Do A Hard Money Second Behind a Reverse Mortgage?

4 min read

Can You Do A Hard Money Second Behind a Reverse Mortgage?

Every year, we receive one or two financing inquiries asking for a hard money second behind a reverse mortgage. It’s an excellent question, and...

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Alternatives to Consumer Purpose Hard Money Second Mortgages

2 min read

Alternatives to Consumer Purpose Hard Money Second Mortgages

This article offers homeowners alternatives to consumer purpose hard money second mortgages. Most private lenders don't offer these types of loans,...

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What is a Consumer Purpose Hard Money Second Mortgage?

2 min read

What is a Consumer Purpose Hard Money Second Mortgage?

A consumer purpose hard money second mortgage is a loan where the loan funds, or proceeds from the loan, will go toward a personal use, such as...

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What is the Minimum Loan Amount for a Hard Money Second Mortgage?

1 min read

What is the Minimum Loan Amount for a Hard Money Second Mortgage?

First Capital Trust Deeds (FCTD) has a minimum loan amount for a hard money second mortgage of $150,000, at a maximum combined loan-to-value (CLTV)...

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What is an Acceptable Ratio Between the Balances of First and Second Mortgages?

2 min read

What is an Acceptable Ratio Between the Balances of First and Second Mortgages?

In order to obtain a hard money second mortgage, you'll need to know the acceptable ratio between the balances of the first and second mortgages. In...

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