second mortgage: Standalone Seconds Are Back in Oakland, CA - 09/27/13 04:53 AM
Can you believe it??  Standalone seconds are back on the market!  Standalone seconds were widely popular and offered several advantages over other types of financing.  When the housing bubble burst, lenders stopped offering these second mortgages.  Well they are back, and available to qualified buyers and homeowners!
Standalone seconds are a valuable tool and depending on your personal financial situation, one that may greatly benefit you. Here’s what you need to know before you apply for a home equity line of credit (HELOC).
Important Second Mortgage Facts:
A second mortgage takes a backseat to your first mortgage. The process is similar to a first … (0 comments)