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2nd note

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Icon Mini Profile bret





Joined: 05 Jul 2008

Posts: 12

4.28 Dollars($)
Post Posted: Tue Aug 26, 2008 12:49 pm    Post subject: 2nd note
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Where can I find a list of lenders who can do a 2nd note on a rental?
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10250
Location: ALASKA
1043.57 Dollars($)
Post Posted: Tue Aug 26, 2008 11:32 pm    Post subject:
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Welcome bret,

It looks like you're looking for a second mortgage on your rental property. Tell me more about your financial situation. How's your credit and income?

I suppose you can just send in your request for no-obligation free mortgage quotes to the lenders in this community and see what they have to offer you. Usually second mortgages are available at higher rates compared to first mortgages on a home. But if you have good credit record and favorable, you may get a comparatively better rate.

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