Second Mortgage ~ No Closing Costs!**

The most valuable financial asset most members have is the equity in their homes, and chances are, you have more equity than you realize. As the market value of your home increases, so does your equity. By drawing against that equity, you can secure a low-cost second mortgage for up to 100% of your home's value.

Beach Municipal currently offers a traditional Home Equity Loan featuring low fixed interest rates with 5, 10, and 15 year term options and Home Equity Lines of Credit.

Home Equity Lines of Credit will allow you to use your home's existing equity as collateral against money you want to borrow. Our loans offer the flexibility of a traditional line of credit with the benefits of tax advantages* and low, variable interest rates. Money advanced on these types of loans can be used for bill consolidation, home improvements or other major expenses.

Whether you want a second mortgage to finance home improvements, purchase a new car, consolidate debt or pay for college, our mortgage professionals are here to help you choose the loan that’s right for you.

You can apply online or contact our Mortgage Department at 757.333.7787 to put a second mortgage loan to work for you!

*Please consult your tax advisor for details and eligibility.

** No closing costs unless appraisal is needed or required.  Fee Reimbursement required if loan is paid off in full or brought to zero within two years of funding.