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You are here: Home / Archives for second mortgage

second mortgage

A Second Mortgage: What is It and How Does It Work

March 7, 2022 by Sean Zalmanoff

What is a Second Mortgage

We discuss how a second mortgage works and highlight some of the advantages and disadvantages of taking out this type of loan. A second mortgage is a type of loan that allows homeowners to borrow against their mortgaged property. In other words, a … [Read more...] about A Second Mortgage: What is It and How Does It Work

Filed Under: Blog Tagged With: second mortgage

Second Mortgage or Home Equity Line of Credit: What is the Difference?

January 12, 2021 by Sean Zalmanoff

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Deciding which type of loan is right for you largely depends on your needs and spending habits. There is some confusion with regards to a second mortgage and home equity line of credits. While both types of loans let you borrow against the equity … [Read more...] about Second Mortgage or Home Equity Line of Credit: What is the Difference?

Filed Under: Blog Tagged With: Home Equity Loan, second mortgage

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St. Louis, MO 63139
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