Second Mortgages Instead Of Cash-Out Refinancing
Monday, April 16th, 2007Second Mortgages Instead Of Cash-Out Refinancing by Jess Peterson Second mortgages are home equity loans which use the remaining equity on your home to guarantee repayment. Thus, the previous mortgage loan remains unaltered as only the remaining equity is used and not the one used to guarantee the mortgage loan balance. This is particularly important [...]
