2nd Position Equity · NC · SC · GA
You built equity in your properties. Put it to work. Our 2nd position loans give you short-term cash without refinancing your existing debt or disrupting your long-term cash flow.
Loan Terms at a Glance
What Is a 2nd Position Loan?
A 2nd position loan is a second loan on a property you already own. It sits behind your first mortgage. You get cash now without refinancing. Your first loan stays exactly as it is.
These are short-term loans. Use the money to start a project, finish one, cover a gap, or fund the next deal. Pay it back when you're done.
Refinancing costs time and money. If your first lien has a good rate, refinancing means losing it. It also means a full underwrite, closing costs, and weeks of waiting — for capital you only need for a few months.
A 2nd position loan gives you the cash you need without touching what's already working. You pay it off when your project is done. No prepayment penalty. No long-term drag on your rental income.
Why REI Transactional
We know how investors think about money. Our 2nd position loans are built to move fast. You get the cash you need, use it, and pay it back — without touching what's already working.
Pay it off early and pay nothing extra. If your project wraps up in three months, you're not penalized for being efficient. Pay it back when you're ready.
We sit in second position. Your existing mortgage or first lien stays exactly as it is — same rate, same lender, same terms. We don't touch it.
No appraisal required on most deals. We review your application within 1 business day and move quickly once terms are agreed.
These loans are for real estate investors and business owners — not consumer use. If you're using it to grow your portfolio or fund a project, we can likely help.
We underwrite the equity in the property — not your full financial history. We ask for what we need and nothing more.
We don't charge anything before closing. Our origination fee comes out at closing from the loan proceeds — so you're not out of pocket upfront.
How It Works
Four steps from application to funded.
Tell us about the property you own and how much equity you need to access. Simple application — no credit pull.
We evaluate the equity position and respond within 1 business day. We look at the property — not your credit score.
If it works, we send a term sheet with your rate, fee, and loan amount. No surprises at closing.
We close and fund. Use the capital for your project. Pay it back when you're done — no prepayment penalty.
Tell us about the property and what you need the capital for. We'll review it and get back to you within 1 business day.
No prepayment penalty · No refinance required · No upfront fees
Short-term purchase financing for investment properties without appraisals or delays.
Learn More →Financing for land near the finish line — pre-CD with entitlements in place and a strong exit.
Learn More →Purchase plus 100% rehab funding to acquire, renovate, and sell investment properties.
Learn More →Same-day transactional funding for wholesalers. Fund in as little as 2 days.
Learn More →