Closed-End Seconds

Protect Your Clients’ Low First-Mortgage Rates

5th Street Capital’s Closed-End Second Loan Program gives you the competitive edge you need to capture more business, serve more clients, and protect the low rates homeowners worked hard to secure.

Closed-End Second Loan Program

Grow Your Pipeline. Protect Your Clients’ Low First-Mortgage Rates. Unlock More Volume with 5th Street Capital.

In today’s housing market, millions of homeowners are “locked in” with ultra-low first-lien mortgage rates, making traditional cash-out refinances unattractive or financially impossible. As a mortgage broker, that means fewer refinance opportunities… unless you offer smarter solutions.

Why Offer a Closed-End Second Mortgage?

A Timely Solution for Today’s Homeowners

The vast majority of U.S. homeowners still have first-lien rates in the 2–4% range. Refinancing into a new first mortgage at today’s higher rates simply doesn’t make financial sense for most borrowers. That’s where a Closed-End Second comes in.

This program allows your clients to:

Preserve their low first-mortgage rate
Tap into home equity for cash—without refinancing
Borrow with predictable, fixed payments
Access funds for debt consolidation, home improvements, investments, and more

As a broker, that translates into a high-demand product that fills a major gap in the market, giving you more chances to say “yes” when others say “no.”

The Blended Rate Advantage

Why a Closed-End Second Beats a Cash-Out Refi

Instead of refinancing the entire first mortgage into today’s higher rates, borrowers can simply add a second mortgage at a competitive rate. This creates a blended rate, a combined effective rate that is significantly lower than what they’d have after a full cash-out refinance.

Example Benefits of the Blended Rate Approach:

Lower overall interest expense
Lower total monthly payment
Preserves a historically low first-mortgage rate
Provides needed cash without resetting the entire loan term

For most homeowners, a Closed-End Second is not just the better option, it’s the only option that makes financial sense in today’s market.

Start Offering Closed-End Seconds Today

Join the growing number of brokers delivering smarter solutions to homeowners who want equity without sacrificing their low first-mortgage rate.

Grow your business. Win more clients. Unlock more opportunities with 5th Street Capital.

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