Mortgage Article - 2nd Mortgage Loan – A Better Home Equity Choice

If you are uncertain as to which type of home equity loan is right for you, a second mortgage has many advantages over a home equity line of credit. Here is what you need to know when considering a second mortgage for your home.

There are a variety of different ways to borrow against equity in your home. Home equity lines of credit are a popular choice due to their ease of access to cash; however, this credit line is a more expensive option. Interest rates have been rising significantly the past few years. Home equity lines of credit come with variable interest rates; recent interest rate hikes can result in significant increases in your monthly payment amount for an equity line of credit. Read more....

Below are some web sites that may benefit you. Please read the Chocolate Money disclaimer before visiting these sites.

Directory Categories

Affiliations

Business Coaching

More Options

Calculators

Find out your repayment and compare...

Resources

Find out the latest industrial information that may benefit you.

Member LoginContact Us