Posted on: 01st Apr, 2008 12:12 pm
I would like to know more about 2nd mortgage program. How it works, how you qualify, etc?
hi twilliams,
welcome to the forum.
you can take second mortgage to pay off some high interest rate debts that you have accumulated like credit card debts, medical bills etc. but generally interest rates of second mortgage is higher than your first mortgage.
to know more about it you can check out the article on second mortgage at http://www.mortgagefit.com/second-mortgage.html
hope it helps.
feel free to ask if you have any further questions.
best of luck,
larry
welcome to the forum.
you can take second mortgage to pay off some high interest rate debts that you have accumulated like credit card debts, medical bills etc. but generally interest rates of second mortgage is higher than your first mortgage.
to know more about it you can check out the article on second mortgage at http://www.mortgagefit.com/second-mortgage.html
hope it helps.
feel free to ask if you have any further questions.
best of luck,
larry