You've Been on a HELOC Treadmill for 3 Years. Here's the exit.
A fixed 30-year second mortgage pulls equity out of your home — without touching your first mortgage. One payment. Known end date. Your rate stays locked.
See if you qualify — free, no commitment.
No pressure — A straight answer about whether this works for your situation.
Submit this and I'll show you exactly where you stand.
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You protected your rate. But the debt didn't stop.
You locked in a 3% mortgage a few years ago. Smart move. Then life kept moving — credit cards, a medical bill, a home project, a HELOC that felt flexible at the time.
Now you're carrying $40, $50, maybe $60,000 in high-interest debt. Every minimum payment just buys you another month on the same balance. Nothing moves.
The advice you keep hearing? Refinance and consolidate.
But that means trading your 3% mortgage for a 7%+ mortgage. You'd be paying off debt by creating a bigger one. That's not a solution — that's a different problem.
You don't have to refinance. You have another option. A fixed 30-year second mortgage locks your rate, fixes your payment, and from day one, you can actually see the finish line.
Consolidate Your Debt
Your high-interest debt consolidates into one fixed payment.
Fixed Rate, Fixed Term
The rate starts around 7.25% — not 24% on a credit card.
Every Payment Counts
You have a known payoff date — not an endless revolving balance.
Close the Treadmill
Every payment from day one reduces principal.
If you have a HELOC that hasn't budged in two or three years, this closes that treadmill. Fixed rate. Fixed term.
Actual progress.
| What You Have Now | With a 30-Year 2nd Mortgage | |
|---|---|---|
| First Mortgage Rate | 3% ✓ | 3% ✓ (untouched) |
| Credit Card / HELOC Rate | 18–27% | Gone — consolidated |
| Monthly Minimum Payments | Multiple, unpredictable | One fixed payment |
| Payoff Date | Unknown | Known |
| Principal Progress | Little to none | Every payment counts |
This is worth a conversation if:
You have a mortgage rate under 5% you don't want to lose
You're carrying $25,000+ in credit cards, a HELOC, or other high-interest debt
You have equity in your Utah home
You're tired of paying minimums that don't move the needle
Nelson Barss
Principal Broker, NMLS #201517
20 years. One job: give you a straight answer.
Nelson Barss has been a licensed mortgage broker in Utah since 2003. He's not here to sell you a loan — he's here to tell you whether this one makes sense for your situation. If it doesn't, he'll tell you that too.
He's personally at every closing.
Common Questions
How is this different from a HELOC?
A HELOC is variable and interest-only. You can borrow and re-borrow, which sounds flexible — but most people end up making payments for years without reducing the balance. A fixed second mortgage has a set payment and a set end date. You actually pay it off.
Will this affect my first mortgage rate?
No. A second mortgage is a completely separate loan. Your first mortgage — rate, payment, terms — is untouched.
What rate can I expect?
Rates on 30-year fixed second mortgages currently start around 7.25%. That's the conversation we'll have on your free call — based on your equity, credit, and debt picture.
Do I need perfect credit?
No. Requirements vary by lender. We'll tell you where you stand in the first conversation.
How fast can this close?
Typically 3–4 weeks. We move fast because we know waiting costs you real money every month.
What does the call cost?
Nothing. No application fee, no obligation. Just a straight conversation about whether the numbers work for you.
The math either works or it doesn't.
Let's find out.
Free assessment. No pitch. Nelson will look at your actual numbers and tell you exactly where you stand.