Home Equity Loans

Home Equity Loans and Second Mortgages

Subordinate to the first mortgage, these loans offer the borrower the ability to get money for your home improvement, debt consolidation or many other reasons without disturbing the first mortgage. Convenient when you have a low interest for a first mortgage. This type of loan can be a fixed rate mortgage or a home equity loan (line of credit). Many people refer to a second mortgages as a "Home Equity Loans."