Pull cash from the equity in your South Dakota home or investment property and put it to work in your business, with no income verification and no need to refinance your first mortgage.
What you need to qualify for a no-income, business-purpose 2nd on South Dakota property.
No tax returns, pay stubs or income documents. Income is not verified (no ratio).
Your 1st mortgage plus the new 2nd can be up to 65% of the property value.
The new 2nd must be at least 35% of your current first-mortgage balance.
Primary home, second home or investment property.
At least 51% of the loan is wired to your business checking account at closing.
A viable business with a checking account in the business name.
A signed, handwritten letter explaining how the capital will grow your business.
Fixed rate, interest-only payments, cash-out allowed, no reserves and no prepayment penalty.
| Property value | $1,000,000 |
| Current 1st mortgage | $300,000 |
| Maximum combined (65% CLTV) | $650,000 |
| Minimum 2nd (35% of the 1st) | $105,000 |
| Available 2nd mortgage range | $105,000 – $350,000 |
Illustration only. Your rate, costs and final loan amount are quoted after we review your application.
Serving business owners and investors throughout South Dakota, including Sioux Falls, Rapid City, Aberdeen, Brookings and Watertown.
Yes. The program is available in all 50 states, including South Dakota, subject to title, escrow and underwriting approval.
No. This is a no-ratio business-purpose loan: no tax returns, pay stubs or income documents are required.
Yes. Owner-occupied homes in South Dakota are eligible because the loan is for business purposes, with at least 51% of the loan wired to your business account.
Your 1st mortgage plus the new 2nd can be up to 65% of the property value, and the 2nd must be at least 35% of your first-mortgage balance.
No. It's a standalone 2nd trust deed, so your existing first mortgage and its rate stay in place.
24 months, fixed rate and interest-only, with cash-out allowed, no reserves and no prepayment penalty.
Your property details and first-mortgage balance, a business checking account in the business name, and a handwritten, signed letter explaining how the capital will grow your business.
Available in all 50 states. Tap your state for local requirements and to apply.
Business-purpose loans only. Win-Win Capital Funding, LLC arranges this financing through a third-party lending partner and may be compensated. Not a commitment to lend; all loans are subject to credit, property, title and underwriting approval, and terms may change without notice. Borrowing against real estate places the property at risk if payments are not made.
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