-
-
-
- Lien on a property which is subordinate to a more senior mortgage or loan.
-
-
-
-
-
- Loan that lets you borrow against the value of your home.
-
-
-
-
-
- Your home is an asset and over time, that asset can gain value.
-
-
-
-
-
- Loan that use your home as a collateral.
-
-
-
-
-
- Second Mortgage allow you to borrow significant amounts. Because the loan is secured by your home.
-
-
-
-
-
- Lower interest rate than other types of debt.
-
-
-
-
-
- Since second mortgage risky to lenders lenders look at the Equity Income Credit Score Property.
-
-