THIRD POSITION FINANCING SPECIALISTS
Unlock More Equity Without Refinancing Your First Mortgage
Keep Your Low Rate First Mortgage
Flexible Programs
Alternative Docs
Tell Us about Your Scenario
When Traditional Lending Stops at Second Position, We Go One Step Further.
THIRD POSITION FINANCING SPECIALISTS
What Is a Third Position Mortgage?
Many homeowners already have a first mortgage and a HELOC or second mortgage but still have substantial equity remaining.
A third-position mortgage allows qualified borrowers to unlock additional equity while leaving their existing financing in place.
Debt Consolidation
Home Improvements
Business Capital
Real Estate Investing
Major Purchases
Cash-Flow Needs
Why Choose ThirdPosition.com?
Flexible Lending
Higher CLTV Programs
Keep Your Existing Loans
Non-QM Specialists
Our Financing Solutions
Third Position Mortgages
Designed for borrowers who already have a first and second lien.
Non-QM Thirds
Alternative income documentation options available.
Investment Property Options
Financing available for investors and rental properties.
Self-Employed Programs
- Bank Statements
- 1099
- P&L
- Asset Utilization
Who We Help
Homeowners
Investors
Business Owners
Alternative Documentation
Multiple Loan Programs
Fast Underwriting
Nationwide Lending
Experienced Non-QM Specialists
Frequently Asked Questions
What is a third-position mortgage?
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Can I keep my first mortgage?
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Can I qualify using bank statements or alternative income?
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Can investment properties qualify?
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What is the maximum CLTV?
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How quickly can I close?
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Unlock More Equity Without Refinancing Your First Mortgage
Educational Center
What Is a Third-Position Mortgage?
A third-position mortgage is a loan secured by a property that already has two existing liens against it. Rather than replacing the first or second mortgage, the new loan is recorded behind both of them and becomes the property’s third lien. Third-position mortgages...
Third-Position Loan vs. HELOC: What’s the Difference?
The terms “third-position loan” and “HELOC” are sometimes used as though they describe two different products. In reality, they describe two different loan features. A HELOC describes the type of financing. The third position describes where the loan stands relative...
Third-Position Loans for Self-Employed Borrowers
Self-employed borrowers frequently have strong businesses, substantial cash flow, and considerable home equity. Nevertheless, qualifying for a traditional mortgage can be difficult when taxable income does not reflect the borrower’s actual financial strength. We offer...
Can You Have Three Mortgages on a Home?
Yes, it is possible to have three mortgages or liens on one home. The third loan is commonly described as a third-position mortgage, third lien, or third-position HELOC. However, qualifying for a third lien is more difficult than obtaining a first or second mortgage....
Third-Position Loans for Real Estate Investors
Real estate investors often want to access accumulated property equity without disturbing an existing low-rate mortgage. While that objective is understandable, investment properties are not eligible for our third-position financing program. That does not mean...