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Spring Mortgage Advisor reveals what you need to know…

5 Views· 11 May 2022
Keala's Money Minute
Keala's Money Minute
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⁣Ok, today we are going to review everything you need to know about second mortgages… What is a second mortgage? A second mortgage is an additional loan taken out on a property that’s already mortgaged. Second mortgages are riskier for lenders than first mortgages because they’re in second position on your property's title. As a result, the interest rate on second mortgages is higher. Here’s what you need to know about second mortgages… ⁣If you are looking
for a top-notch mortgage advisor in Spring call us at, 559.306.7676

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