Real estate blog entries tagged with 2nd mortgage by Old National Bank

Channels
Consumer
Professional
States
USA
- AL
- AK
- AZ
- AR
- CA
- CO
- CT
- DE
- DC
- FL
- GA
- HI
- ID
- IL
- IN
- IA
- KS
- KY
- LA
- ME
- MD
- MA
- MI
- MN
- MS
- MO
- MT
- NE
- NV
- NH
- NJ
- NM
- NY
- NC
- ND
- OH
- OK
- OR
- PA
- RI
- SC
- SD
- TN
- TX
- VI
- UT
- VT
- VA
- WA
- WV
- WI
- WY
Canada
- AB
- BC
- MB
- NB
- NL
- NT
- NS
- NU
- ON
- PE
- QC
- SK
- YN

Home : Blogs : Klaus Wilmsmeyer Jr : Klaus 's Blog : Tag "2nd mortgage"

2nd mortgage: California Second Mortgages can provide funds based on the equity in your home. - 07/09/08 12:59 PM

Most homes with a mortgage in California have some sort of Equity, which is simply the difference from the value of the home, and the remaining balance on the home loan. Often, if the house is newer, (for example, a new condo south of Hollywood), or has been remodeled after purchase, the chances of a higher equity are in the homeowner’s favor. Home Equity can be used to finance purchases, with a California Second Mortgage.

Basically, a bank appraises the house, finding out how much the house is worth, re-checks credit in case situations have changed for the homeowner, and … (0 comments)

Related Links:

Klaus Wilmsmeyer Jr

Louisville, KY

More about me…

Old National Bank

Office Phone: (502) 259-7374

Cell Phone: (502) 807-1011

Email Me

Links

Archives

Find KY real estate agents and Louisville real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.