Tag Archives: Second Mortgage

Re-finance my condo? Second mortgage?

Rachel Green asked: If I re-finance my condo, can I add in other debt like credit cards and such? Or is that when you get a second mortgage? I want to put everything into one monthly payment. I highly DOUBT … Continue reading

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Home Equity Line of Credit vs Refinance?

da_red12 asked: I am currently in Chapter 13. I filed 10/04. I have a home with approx 100K in equity. I would like to pay my way out of BK at the 36 month mark (approx 16K) , pay off … Continue reading

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Home Equity Loans, Considered As Second Mortgage Loan

asked: Joanne

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Difference Between A Cash Out Mortgage And A Home Equity Loan?

Joseph Kenny asked: When you need the cash out of the equity of your home you may wonder which one is better for you – a cash out mortgage or a home equity loan. The truth is that both have … Continue reading

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Refinance or Second Mortgage? Combining 1st & 2nd Mortgages Together

Lynda Nelms asked: I had a recent conversation with one of my clients, Mr. Jackson, who is a finance savvy homeowner from Virginia Beach, VA. He asked me an interesting question that I wanted to share with you, because it … Continue reading

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2nd Mortgage after Bankruptcy: How to Qualify for a Competitive Home Equity Loan

Louie Latour asked: Taking out a second mortgage after a bankruptcy can help you reestablish your credit. Because your home is used as collateral, you will have a much easier time qualifying for decent interest rates when you have bad … Continue reading

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Refinancing Your Mortgage Or A Home Equity Loan – Which Is Better?

Joseph Kenny asked: When it comes time to get the money you need to renovate your home, you have some choices to make concerning the financing of it. Both ways, either refinancing your first mortgage, or a home equity loan, … Continue reading

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Second Mortgage Home Equity Loan – More than Words

Rony Walker asked: Words can be fun. English words are particularly interesting as they are born from a variety of sources. Although it is a Germanic language, about 50 percent of English is based on Greek and Latin. Have you … Continue reading

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Second mortgage question?

j r asked: Is a 2nd mortgage the same as a home equity loan? ThanksWillie

Posted in Renting & Real Estate | Tagged , , , | 3 Comments

Different Types Of Home Loans – 7 Different Types Of Home Loans

Gressly Stevens asked: Are you looking for a home loan, but you are not sure which one is right for you? There are many different types of home loans and it can be very confusing to try to pick the … Continue reading

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