Are you looking for a 2nd trust deed loan or home equity line of credit? A 2nd trust deed loan is a fixed rate loan for accessing the equity in your home, without refinancing your existing first mortgage. It is somewhat similar to a home equity loan, except for the maximum loan to value. Ocean Pacific Capital can provide up to 100% of the current value of your home, within certain guidelines.

Debt consolidation is a common use for a 2nd trust deed loan. It has been estimated that you might save three times more on a fixed rate, simple interest 2nd mortgage, than you would by paying the minimum payments on your revolving credit card accounts and certain loans.

Your revolving credit card accounts typically charge daily compounded interest, which means that you are paying on the interest that accumulates each day.

A 2nd trust deed loan can provide simple interest loan payments, which are amortized on an annual basis, rather than amortized daily. Another benefit is the interest paid on a 2nd mortgage may be tax deductible up to $100,000 loan amount, or 100% loan to value, providing additional savings.

Ocean Pacific Capital is a 30-year old licensed California home loan mortgage company that offers low rates on home mortgage loans and the trusted, expert services that you deserve without the hidden home loan costs. We have access to over 130 lenders competing for your business, so with us you'll have the peace of mind of knowing you're getting the lowest rates possible for your situtation. Call us today at 1-800-595-1474 for a free quote or simply fill out our loan application.