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Second Mortgage Articles

Seller Financing Making a Comeback

With mortgage lenders tight on cash, some buyers and sellers are striking up their own financing arrangements to get the deal closed.

Don't be Clueless About Second Mortgages

You don't need to be a private eye to find the best second mortgage. Lenders leave you plenty of clues about their products. Take a good look at them, and learn how second mortgages work before you make any decisions.

Second Mortgages Available Locally

Don't believe the real estate hype. While the housing market has taken some significant lumps, there are still parts of the country where property values are doing quite well. If you're fortunate enough to live in one of them, you can still tap your home equity for a second mortgage.

Trouble for Second Mortgage Holders

The subprime mess has hit lenders and homeowners hard. To stop the bleeding, lenders are reconsidering their instinctive reaction to foreclose on borrowers, particularly second mortgage holders.

Second Mortgage Loans for the Self-Employed

Self-employed people may find getting an expansion loan a challenging task. However, there are several options available, including no-doc loans, second mortgages, or lines of credit that could provide the financial relief you need.