home equity loan

Second Mortgage vs Home Equity Loan

May 24th, 2010 | By tomcat | Category: General Information, home equity loan

Are you contemplating getting a home equity loan?  You may want to check out the possibility of putting a second mortgage on your home instead.  There are differences to consider between the two types of loans.  2nd Mortgages provide a specific sum of money borrowed for a set time.  Payments are amortized for the term [...]