Home Equity Loans & Fixed Second Mortgages

Unlock the power of your home’s equity.

At Sound Financial Mortgage, we help homeowners across King County and the greater Seattle area tap into their equity with smart, flexible financing options. Whether you’re planning a renovation, consolidating debt, paying for education, or seizing an investment opportunity, a home equity loan or fixed second mortgage can provide the funds you need—without changing your existing first mortgage.

What Is a Home Equity Loan / Second Mortgage?

A second mortgage secured with the equity in your home. You keep your current mortgage as-is and borrow additional money based on your property’s value and your financial profile. This type of financing generally comes in two forms:

Option 1: Home Equity Line of Credit (HELOC)

Smart. Flexible. Access funds when you need them.

A HELOC works like a revolving credit line secured by your home. You can borrow, repay, and borrow again up to your approved limit—similar to having a credit card with a much lower interest rate.

Great for:

• Ongoing home improvements
• Emergency fund access
• Variable or unpredictable expenses
• Managing cash flow

Features:

• Typically variable interest rates
• Funds available during a “draw period” (often 5–10 years)
• Only pay interest on what you borrow
• Can access cash as needed over time

Option 2: Fixed-Rate Second Mortgage

Stability and predictability with a one-time lump sum.

A fixed second mortgage—sometimes called a home equity loan—gives you one upfront payout with a fixed rate and fixed monthly payment schedule.

Great for:

• Large one-time expenses (remodels, ADU additions, solar, etc.)
• Debt consolidation with a clear payoff plan
• Anyone who wants rate security

Features:

• Fixed interest rate
• Fixed monthly payments
• Predictable payoff timeline
• Funds delivered in full at closing

HELOC vs. Fixed Second Mortgage — Quick Comparison

Feature	HELOC	Fixed Second Mortgage
Payout	Borrow as needed	One lump sum
Interest Rate	Usually variable	Fixed
Payment Amounts	Can change	Stable, predictable
Best For	Ongoing / recurring expenses	One-time major costs

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Why Work With Sound Financial Mortgage?

We’re a trusted local mortgage broker who puts service and savings first. We shop multiple lenders to find the best rate, lowest costs, and the loan type that aligns with your goals—not the bank’s.

✔ Local guidance from experts who know King County
✔ Competitive rates and flexible lending sources
✔ Clear communication from application through funding
✔ Your goals first—always

Use Your Home Equity With Confidence

Whether you need a line of credit for flexibility or a fixed second loan for stability—we’re here to help you make the most of your equity.

📞 Call or Text: 206-387-0327
📩 Email: john@soundfinmtg.com

➡️ Get Started Today – No Obligation Consultation

Call or email today or you can start the approval process with the Apply Now button below. Your  opportunity for better cash flow is closer than you think.

Sound Financial Mortgage LLC, Sound Advice. Smart Lending.