Second Mortgages – Charlotte NC Real Estate & Finance
Posted by Leigh Brown on Dec 9, 2009 in Real Estate News | 0 comments
With interest rates at an all time low, you might be considering taking out a second mortgage on your home. A second mortgage is a loan that’s secured by real estate that already has a first mortgage. The equity in your home determines the maximum amount of a second mortgage. Equity is the difference between what is owed on...












