secondary financing: Benefits & Dangers of Having A HELOC - 06/26/07 01:51 AM
Home Equity Loans: What They Are & How They Work A home-equity loan, also known as a second mortgage, lets homeowners borrow money against the equity in their homes. Home-equity loans provide a way for consumers to somewhat lessen the effects of that year's tax changes, which also eliminates deductions for the … (2 comments)
secondary financing: 2nd Mortgages vs. Home Equity Lines of Credit (HELOCs) - 06/25/07 06:07 PM
SECOND MORTGAGES
A second mortgage is any loan that involves a second lien on the property. Some second mortgages are for a fixed dollar amount paid out at one time, in the same way as a first mortgage. As with firsts, such seconds may be fixed rate or adjustable rate.
A … (0 comments)
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Home Equity Loans: What They Are & How They Work 
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