Search:
 

Apply Now

Lending Columns
 Home Equity Loans
 Refinancing
 Home Loans
 FHA Home Loans
 Student Loan Refinancing
 First Time Home Buyer
 Small Business Loans
Mortgage Rates
30 yr fixed: 5.77%
15 yr fixed: 5.15%
1 yr adj: 3.97%

Second Mortgage: Low Interest

 E-mail This Article  Print This Article
ECOND MORTGAGES allow you to borrow up to 125% the value of your current home. Second mortgages are a great choice in the current economy for two reasons:
more cash on hand allows for more flexibility for situations that arise and nterest rates are at a historical 30 year low.
Second mortgages are mortgages for current homeowners to take out for up to 125% the value of their current home. This turns directly into cash. Connect with up to four lenders about getting that second mortgage through the LendingExpo online application.


Is now the time for second mortgages? The simple answer: yes! Interest rates are at record low levels. This means if you don't act soon, you could get locked in at a higher rate. Connect with quality lenders by submitting an online application. It's fast, free and the first step to saving on those monthly payments.

Make the smart choice and apply online. LendingExpo will put you in contact with up to four lenders competing to give you the best rates on a second mortgage. Even if you've been denied a second mortgage in the past, don't hesitate! LendingExpo's lenders compete to give you the best rates on second mortgages. Fill out an application and you'll be in contact with up to four lenders.


Common Questions:
  1  How much equity do I need in my home to qualify?
 
  • Home Equity Loans are possible regardless of acquired equity, however more equity will almost always garner lower interest rates from your lender.
  2  Can I take out a home equity loan to finance home improvement?
 
  • This is an extremely common practice. Depending on how the money is used you may even be able to deduct some of the interest expenses from your taxes.
  3  What is a home equity line of credit?
 
  • A home equity line of credit differs from a home equity loan in that money can be taken out as needed. If you are financing the construction of a new home, this is often a convenient option to handle expenses as they occur without repeating the loan approval process numerous times.
Ask a lender
4 Loan Offers - One Application
  • Expert lenders compete for your busines with low rates and great loan terms
  • Poor to Excellent credit borrowers welcome - low rate mortgage loans
  • No mandatory credit check - let only the lender you choose check your credit
  • Free evaluation of your borrowing options in a no obligation setting
  Need Cash? Considering a Home Equity Loan? Why not get cash out from your equity and refinance in one process. Select 'Refinance' on the application and specify your 'Cash-Out'.
  Personal
  First Name:
  Last Name:
  Address:
  City:
  State:
  Zip:
  Day Phone:
  Night Phone:
  Email Address:
  Contact Time:
All information collected is treated as strictly confidential and will only be used for the purposes of a real estate mortgage loan quote request.

Privacy Terms of Service Terms of Use

Mortgages : Mortgage Loans
Mobile Home Loan / Manufactured Home Refinancing

  Loan Information
  (Application fields change with Loan Type selection)
   Want cash and a lower interest rate or monthly payment?
   Refinance again or for the first time and get cash back!
   Loan Type:
Est. Property Value:  
Original Purchase Price:  
Est. Mortgage Balance:
Current Interest Rate: %
Current Monthly Payment:
Desired Loan Amount:  
   
   Loan Type:
   Property Type:
   Credit:
   Employer:
   Years at Job:
   Annual Income:       
   Comments:
  Announcements? Yes No thanks
  First Time Buyer? Yes No thanks
  Free Realtor Quotes:
Yes
Yes - Free, No Obligation Debt Consolidation Quote

That's It! >>    
  Home Ownership

Testimonial:
"Applying was simple, and I got a great rate on my loan! I've told all of my friends about Lending Expo."

Mortgage Loan Types:

  Second Mortgages

  Refinancing Equity Loans

  Home Equity Loans

  Debt Consolidation Loans

  FHA Home Loans

  First Time Home Buyer Programs

  Best Equity Home Loans

  Second Mortgages

  Home Loans

•  And More ...



 Today on LendingExpo
Home Equity Loans
Taking out home equity loans now at these low interest rates can save you thousands over the life of your loan. When you apply we will perform a free search of our database of lenders to find you the best price.

Refinancing
If you haven't recently refinanced or your credit has improved, you might be able to get a better rate on your current home loan. We offer a no obligation evaluation of your finances to see if now is a right time refinancing your home loan. We also offer a free refinancing calculator with break even date analysis.

Home Loans
Home loans have never been simpler than through LendingExpo. We offer free mortgage amortization calculators and up to four competitive no obligation interest rate quotes. Applying is easy and many of our lenders have special first time home buyer programs.


Popular Topics
Page Sponsors
 
  Home Lending Resources
Need money to finance college or make home improvements? Home equity loans do not have to put your home at risk and they can offer significantly better interest rates than other forms of loans. Some home equity loans even have tax deductible interest payments... Mortgage refinancing is simply the process of replacing your current loan with a new loan at a lower interest rate. Refinancing has been all the craze in the past five years. But even those who refinanced as a short as three years ago are finding they can save more by refinancing yet again... Wondering how much home you can afford? We explain how lenders evaluate your spending power and provide you with up to four home loans quote. You can also instantly estimate your monthly home loan payments online using our free calculators...
Want to make a smaller down payment? FHA home loans are geared towards buyers who do not have the capital to make a traditionally large down payment on a new home loan. Qualifying is generally easy for most applicants... Graduates this year can undoubtedly find lower interest rates on their student loans, refinancing is the means to take advantage of them. Get a free no obligation quote and start saving today...

First time home buyer programs can offer a break for many individuals who need help coming up with down payment money or simply home home buyers with good credit deserving of a lower interest rate. Many of our lenders offer these programs and are happy to see if you qualify...

© 2004 Expo Group Inc. All rights reserved.