To get a second mortgage loan, ensure you have sufficient equity in your home, and compare rates and fees from banks, credit unions and mortgage lenders, says About.com. You must also have a sufficient credit score as we... More »

www.reference.com Business & Finance Credit & Lending

A second mortgage is a loan that is taken out after a primary mortgage. The second mortgage is also sometimes referred to as a home equity line of credit, or HELOC. More »

There is no difference between a home equity loan and a second mortgage when the homeowner receives a lump sum of money at once with a fixed or variable interest rate, explains SFGate. A home equity loan differs from a h... More »

www.reference.com Business & Finance Credit & Lending

Advantages of community credit unions over banks include lower fees, lower loan interest rates, higher savings interest rates and more personal customer service, reports About.com. The National Credit Union Administratio... More »

www.reference.com Business & Finance Credit & Lending

People with bad credit can get loans by exploring alternative options to banks, such as credit unions or friends and family; bringing a cosigner on board; and using a home equity loan or a home equity line of credit, acc... More »

www.reference.com Business & Finance Credit & Lending Personal Loans

An equity release mortgage is a loan that lets homeowners tap into their property’s value without having to move out, as the Guardian describes, and it gives them cash based on their home’s equity. The plan targets peopl... More »

www.reference.com Business & Finance Credit & Lending

There is no difference between a home equity loan and a second mortgage when the homeowner receives a lump sum of money at once with a fixed or variable interest rate, explains SFGate. A home equity loan differs from a h... More »

www.reference.com Business & Finance Credit & Lending