by scottm | Feb 15, 2021 | Second Mortgages
A second mortgage or a home equity loan is another loan you take out from the same property. The amount that you are allowed to borrow depends on the amount of equity in your home. Home equity is the difference between the market value of your property less what you...
by scottm | Jul 24, 2019 | Second Mortgages
How Do I Get Approved for a Second Mortgage with Bad Credit? First of all, how do you know you have bad credit? How do you know your application won’t be approved? A homeowner should never make assumptions about their options for a second mortgage. Unless...
by scottm | Jul 16, 2019 | Private Mortgage, Second Mortgages
Private Second Mortgages – 5 Things You Should Know When you’re hoping to get a little extra cash, one way to do so is with the help of a second mortgage. Second mortgages, often referred to as home equity loans (because it sounds prettier) can allow you to use...